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Yahoo! music store ÔsoonÕ

Reports, and rumors, are stating that the major internet player Yahoo! is finally launching a new digital music store and an iTunes like digital music jukebox.

Supposedly Yahoo! has been working with MusicNet, the digital-music wholesaler that was bought by Yahoo! last fall, for some time to develop the digital music service. When Yahoo! acquired MusicNet they got some jukebox software, a digital music download store, an internet radio service and a subscription service.

The new music service will be integrated into Yahoo!Õs existing infrastructure and may use features from AIM, Yahoo!Õs instant messaging system.

"Given Yahoo!'s traffic and their very active communities, the potential [for success] is there," stated GartnerG2 analyst Mike McGuire.

For the full story:
Macworld UK - Yahoo! launching music store ÔsoonÕ