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Yahoo Doubling Price of Music Service

Yahoo! is doubling the price of its online music subscription service for portable MP3 players, ending a short-lived promotion that sought to lure consumers from Apple Computer Inc.'s market-leading iTunes store. Effective Nov. 1, Yahoo will charge about $120 annually for access via download to more than 1 million songs that can then be transferred to portable players. The Internet powerhouse has been charging just under $60 annually - a price most industry observers predicted wouldn't last when Yahoo entered the market in early May.

Read the whole story at AP, October 27, 2005 »

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