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May 11, 2005
Yahoo moves into Napster's space
Yahoo has launched their music service in the U.S.
At first glance it looks to be the same as Napster To Go, except way cheaper.
This subscription model is going to make for some serious churn as the providers don't really add any value beyond being a digital delivery pipe for the content.
Hopefully this pushes down Napster's prices so I don't have to switch otherwise when the Canadian version of Yahoo is launched and I can be sure the value proposition is very similar, I will be switching.
As the time of this entry, the Napster's stock price is down by nearly $2.00 today compared to yesterday's close.
Posted by Derek Leverington at May 11, 2005 11:57 AM
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