Napster will open its long-promised portable music subscription service Thursday, which will make it the first company to put muscle behind a new music "rental" model aimed at undermining Apple Computer's digital music dominance.
With Tuesday's US$160 million purchase of Musicmatch, Yahoo sent a clear message that it is determined to be a major player in the fast-growing digital music business, despite its relatively late start.
Stung by tepid market reception to its online music subscription service, major music label-backed Pressplay plans to offer listeners access to an unlimited supply of music for a set period for a single fee.
New Napster Chief Executive Konrad Hilbers is floating a new price for the file swapper's planned subscription service, saying that downloading will soon cost "about US$5."
RealNetworks has given a first public look at the company's MusicNet subscription service, outlining features that resemble Napster's file-swapping service.
Analysis: For all the glitz surrounding the unveiling Monday of Apple Computer's new music service, a quick look suggests that it's a solid, but hardly revolutionary, addition to the market.
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