SAN FRANCISCO (CelebrityAccess MediaWire) — A year after shuttering their last attempt at a paid music service, Yahoo has again ventured into the choppy waters of digital music, this time by partnering with other online music providers.
Yahoo's new scheme will allow users to aggregate paid and free music services so that users can interact with other services such as iTunes directly through Yahoo's site. To monetize the plan, Yahoo has pacted with commercial digital retailers to collect a referral fee, Reuters reported.
"We really want to focus on providing the service that's most valuable to users, and then partner with third parties to provide the entire set of music services," Yahoo Music General Manager Michael Spiegelman told Reuters.
Yahoo music users will be able to build-in modules for various streaming music services such as last.fm, videos from YouTube and music purchases from sites like iTunes and Amazon.com.
Additionally, artist pages will offer a surfeit of content including artist media, tourdates and links to purchase tickets. According to Yahoo, they currently have information on more than 500,000 artists and is currently the #2 music site with 19.6 million unique visitors, according to research company ComScore. – CelebrityAccess Staff Writers