Friday, August 25, 2006

Yahoo unveils online music rental service

online music subscription service that will enable consumers to download songs onto their mp3 players for $6.99 per month or a $60 annual fee, undercutting the prices of the current industry leaders by more than 60%. By encouraging consumers to become song renters instead of owners, Yahoo, Napster and Real Networks are pursuing a different sales approach from Apple's popular iTunes music store.