Yahoo is doing a rethink on digital music services and downloads, after seeing the frenzied activity in the market, reports News.com…
Yahoo bought music software developer Mediacode in December to help create a digital jukebox and media player–the key components in many music download services. The Mediacode team includes two founding members of Nullsoft, which created the popular Winamp music player…
Yahoo has also held discussions with Musicmatch, one of the largest Internet music services, in what could be a prelude to acquisition talks…
One clear thing which comes out of the story: MusicMatch is ripe for acquisition…I touched upon it in couple of posts last week (see related links below).
Back to Yahoo, its radio offering Yahoo Launch seems to be doing well, and the the site is about break even, according to the News.com story.
— MusicMatch Looking to IPO?
— MusicMatch and Coca-Cola Partner on Digital Music
— Yahoo Kills Plans For Download Music Service in Europe
— SBC Yahoo Ties Up With MusicNow