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Yahoo Music Shutting Down, Users Going to Real
Tech.Luver sends in word of Yahoo's decision to exit the subscription music business. Yahoo's current subscribers — the company doesn't disclose how many it has — will be switched over to Real's Rhapsody service, and Yahoo will promote Real on its site. Yahoo had priced its subscription service significantly below Real's: $5.99 a month (if users pay a year in advance), vs. Rhapsody memberships at $12.99 a month and up. The Mercury News wonders how the Yahoo-Real deal would fare if Microsoft takes over — not well, the betting goes.
I love Rhapsody. It has its problems, like forcing you to too frequently upgrade the software, but the basic subscription idea is great, and Rhapsody has a very good selection. You can pretty much just put in any artist, obscure or famous, and 19 times out of 20, their music pops up ready to listen to.
The reason that the pay subscription model is not insanely popular is probably because it is competing against the "free subscription" model, where you get all the same music, but for free. Who is offering that? Millions of torrent clients, spread across the internet. For myself, I guess I'll just be a chump and pay twelve bucks a month for all the music I could ever want and then some.