January 24, 2008

Yahoo Eyeing Online Music Service

Yahoo Inc., is in early discussions with major record labels over offering unprotected MP3s either for sale or for free as part of an ad-supported service, two record company executives familiar with the talks said Wednesday. The talks, held as recently as last month, were preliminary because Yahoo is still working out the details, said the executives, who requested anonymity. Yahoo hopes to launch the service this year, they said. (Billboard)