Daily Archives: February 5, 2008

John Gapper

Amid the uproar about Microsoft bidding for Yahoo, you may have missed the news that Yahoo is closing its subscription music service and instead throwing its weight behind Rhapsody.

Subscription music services, which offer you unlimited access to streamed music through your personal computer (and through your stereo, if you have the right equipment) are favoured by a lot of people in the music industry, and cognoscenti outside it, as the industry’s new financial model.

Instead of buying music, you in effect rent it for $12 to $15 per month. This turns music into a subscription service rather like cable or satellite television.

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