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.
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.
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.
MusicMatch, which makes programs for creating and organizing digital music, has launched one of the first music subscription services for Macintosh computers.
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."
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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