Yahoo boosts prices on music service

Iria · Oct 22, 2005, 12:48 AM

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.
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Read More / Source: News.com

Oct 22, 2005, 12:48 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Yahoo boosts 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. ____________ Read More / Source: News.com