Yahoo, which has officially closed down its premium online music service Yahoo Unlimited, has sold the service to RealNetworks and MTV JV company Rhapsody America, and will now direct its (probably small number of) customers to Rhapsody music service. Financial details were undisclosed. As part of the deal, Yahoo will promote Rhapsody on its site. The shift of subscribers will happen sometime in the first half of this year, reports AP. Of course, if the Microsoft buyout happens, this may change again with Zune’s music service...there may be a change-of-control out-clause in this music deal. Or that Microsoft-Yahoo won’t care and start all over again. More after the jump. Yahoo will now focus on ad-supported streaming music and music videos, though there have been reports on Yahoo working on a DRM-free MP3 music store.http://www.paidcontent.org/entry/419-yahoo-switches-premium-music-service-to-realnetworks-rhapsody/
http://www.mercurynews.com/breakingnews/ci_8162221?nclick_check=1
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