Yahoo Raises Prices On Music Service
Yahoo is boosting the price of a key part of its digital music subscription service, after launching it six months ago with a price tag startlingly lower than rival offerings.
The company sent an e-mail message to subscribers late Thursday night saying the cost of its portable subscription service–the plan that lets listeners download an unlimited amount of music per month and transfer it to compatible portable devices–would effectively double at the end of the month.
The decision reduces some of the pressure on rivals such as Napster and RealNetworks, which had seen their $15 a month services dramatically undercut by Yahoo’s initial $6.99 a month offer. Yahoo said it would raise its monthly price for the portable subscriptions to about $12 as of Nov. 1.
Source: News.com






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