Yahoo Raises Music Subscription Fees, But Will Anyone Notice?
from the anybody-out-there dept
Yahoo has raised the prices of its portable music subscription services, basically doubling the cost to $9.99 per month for users that pay for a year in advance, or $11.99 per month for those that pay monthly. Users that want to just listen to music on their PC won’t see any increases, though. Yahoo execs didn’t say a whole lot about the success of their music offering during a recent earnings calls, leading to speculation that takeup hasn’t been too high. If people weren’t buying it at $7 a month, why would they at $12? The whole “rent stuff” business model is supposed to be hot right now, but it doesn’t seem like people think it’s such a great idea for music. It’s great to have access to a huge library, but it’s not so great to lose that access if you quit paying. Even RealNetworks CEO Rob Glaser has downplayed subscription services, and his company has one.