Yahoo!(YHOO Quote) said late Tuesday that a beta version of a new online music service would be available Wednesday, as the Internet giant moves into the crowded music-by-subscription field.
Yahoo! said its Music Unlimited service would start with an introductory price of just $4.99 a month for an annual subscription or $6.99 on a monthly basis. The service allows consumers to play tunes from a catalog of more than 1 million songs, transfer tracks to portable devices, as well as allow consumers to share music via Yahoo! Messenger.
"We are committed to being at the forefront of the rapidly growing online music segment," said Lloyd Braun, head of Yahoo! Media Group. "Yahoo! Music Unlimited draws on the best of Yahoo! to provide personalization and community features unlike anything else in the marketplace." ...
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