Yahoo! Buys Musicmatch
coyotegestalt writes "According to PC World, Yahoo! has just finalized a deal to buy Musicmatch (both its On Demand and download services) for $160 million. More details at IBD. This is a major narrowing of the online music market."
Great! A second-rate search engine buys a second rate MP3 player! News at 11!
In the future, I would want to not be isolated from my friends in the Space Station.
Is it just me, or are all of the internet portals (MSN, AOL, Yahoo) building their own little digital life empires? How long till Google follows suit, or will the even?
As far as I can tell, Yahoo has an on-line radio service, but not a music services system like MusicMatch. It's not so much narrowing the field as Yahoo was never really in the field to begin with. It's more like moving a player around.
How exactly does this represent a major narrowing of the online music industry?
Yahoo didn't have any sort of pay music service that I can think of. Their "Launch" thing is basically just a radio station kind of deal. And MusicMatch doesn't say "online music" to me. They're a late comer in the game. Yahoo probably figures they can enter the game buy snapping up the newest (cheapest) player.
Funny how now you can use a company's search engine to crack a piece of its software!
This is a major narrowing of the online music market.
Not really. For all practical intents and purposes, Apple has the online music market under its thumb. Barring some very unYahoo-like innovation, the consequences of this sale will likely be nothing more than surface ripples.
~Tirinal