Monday, February 4th, 2008
Yahoo, Rhapsody, Microsoft and Mark Cuban
“Yahoo is dropping its subscription music service and replacing it with Rhapsody America as part of a broad strategic partnership announced by the two companies today. As part of the deal, Yahoo will exclusively promote Rhapsody on its site and integrate the service into Yahoo Music, though the two companies are still finalizing details on how that will be done. The two plan to collaborate on other digital music services such as music downloads.” Read the full story at Billboard.
As already reported, Yahoo also has a buyout offer from Microsoft. Billionaire and Dallas Mavericks Owner Mark Cuban posted an interesting article about the possible takeover on his blog.
