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Yahoo to Buy Musicmatch for $160 Million (Reuters)







Yahoo to Buy Musicmatch for $160
Million (Reuters)

Yahoo to Buy Musicmatch for $160
Million (Reuters)
09/14/2004 04:35 PM

Reuters - Yahoo Inc. said on Tuesday it will buy music software company Musicmatch Inc. for about $160 million in cash, bolstering Yahoo's offering as online music providers prepare to go head-to-head in the download market.




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Yahoo to Buy Musicmatch for $160 Million (Reuters)

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Yahoo Shells Out $160 Million for
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Yahoo to Buy Digital Music Company
Musicmatch (Reuters)


Yahoo to Buy Digital Music Company
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09/14/2004 02:40 PM
Reuters - Yahoo Inc. said on Tuesday it will buy music software company Musicmatch Inc. for about $160 million in cash, bolstering Yahoo's offering as online music providers prepare to go head-to-head in the download market.

Yahoo to buy Musicmatch


Yahoo to buy Musicmatch 09/14/2004 11:08 AM

Yahoo: Please fix MusicMatch!


Yahoo: Please fix MusicMatch! 09/15/2004 01:24 PM
Now that Yahoo has acquired MusicMatch, maybe they can fix the software.

I am a long-term user, I've paid several times for the product over the years, its basic interface works for me better than iTunes, and I'm used to it, I don't want to change. But: In trying to turn a good music client into a boffo music store, MusicMatch has repeatedly broken its software. Most recently, the thing crashes whenever I try to copy a CD to my hard drive. This same bug existed for months last winter, then MusicMatch finally fixed it -- now it has reappeared in the latest update. (The "volume leveling" feature, which would be highly useful if it worked, has also always crashed.)

Frankly, MusicMatch, I don't care about your store. I just want your software, once the best of its kind, to work.

Yahoo Matches With MusicMatch


Yahoo Matches With MusicMatch 09/14/2004 12:29 PM
Yahoo continues its buying streak, with the latest deal showing that Terry Semel hasn't forgotten his entertainment roots. The company is shelling out $160 million for MusicMatch, a popular player in the digital music space that hasn't done quite as well lately. For a while, MusicMatch was one of the most popular client applications on Windows machines for managing MP3 collections. More recently they offered a subscription service that won strong reviews. A few years ago, MusicMatch provided the only client side app on Windows machines that would work with the iPod, but once iTunes for Windows was written, Apple shoved MusicMatch aside, making them something of a has-been in the space. The deal with Yahoo is less about their client software than the number of subscribers they bring -- which basically doubles the number of subscribers to Yahoo's Launch music subscription service. Of course, given some of Yahoo's track record with acquisitions lately, they'll simply swallow this one up, rather than using it as a way to really jump ahead of the competition with a more advanced service.

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"Internet portal Yahoo Inc. said Tuesday that it agreed to buy Web-based digital music and software provider Musicmatch Inc. for $160 million in cash..."

Yahoo Acquires Musicmatch Inc.


Yahoo Acquires Musicmatch Inc. 09/14/2004 10:04 PM
Internet heavyweight Yahoo has just announced that it will be acquiring Musicmatch Inc. for $160 million in cash. Set to close in Q4 of this year, the deal will see Musicmatch Inc. become a direct subsidiary of the expanding California based company.

Plans include integrating Musicmatch' existing on-line radio network and music store into the popular "Yahoo Launch" service. Yahoo CEO Dennis Mudd commented that "...combining assets with Launch, we believe that Musicmatch will have an even stronger position to take advantage of the rapidly growing digital music segment."

Musicmatch currently sells around 1.5 million digital songs per month through its online music portal. Yahoo will undoubtedly make a push to bring that number up, trying to lure users away from competing portals like iTunes and Rhapsody.

News source: Bloomberg News

Read full story...

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Yahoo's could not do it on their own so they had to buy one of my most favored music vendors. I have always been a big fan of Musicmatch and now that Yahoo has just bought them out I am sure they will ruin it. I stopped using Yahoo and brands they own when they went to a pay model on listing your site with them. I wonder if my Lifetime upgrade of Musicmatch will be honored. [News.co m]


Yahoo to acquire Musicmatch for $160m


Yahoo to acquire Musicmatch for $160m 09/14/2004 10:40 AM
Yahoo! Inc. on Tuesday announced plans to acquire online music service Musicmatch Inc. in a cash deal valued at US$160 million. It's Yahoo's maneuver to become a player in the online digital music download world, currently dominated by Apple Computer Inc.'s iTunes Music Store, and populated by a variety of other competitors including Napster, Microsoft's MSN Music, Wal-Mart and others.

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Other News: Yahoo Snags MusicMatch 09/15/2004 09:58 AM
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Yahoo! Acquires Musicmatch for $160m


Yahoo! Acquires Musicmatch for $160m 09/14/2004 11:21 AM
Yahoo! has announced that it will acquire digital music company Musicmatch for $160 million in cash. With the addition of Musicmatch's Jukebox service to its portfolio, the move will help Yahoo! establish itself in the online music market currently dominated by Apple's iTunes.

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Grok Description matches for Yahoo to Buy Musicmatch for $160 Million (Reuters)
GrokA matches for Yahoo to Buy Musicmatch for $160 Million (Reuters)

Yahoo to Buy Musicmatch for $160 Million (Reuters)

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