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A New Chapter For Yahoo Music: A Deal With Spotify, Replacing Rhapsody

Here’s an interesting twist for Yahoo, the beleaguered internet company, and Spotify, the upstart streaming music service that is taking the market by storm: today the two have announced a global deal, in which Yahoo will integrate and promote Spotify’s music service on the Yahoo Media network, which reaches 700 million unique users monthly, and Yahoo will create an app for Spotify’s platform, a sign of how Yahoo is trying to extend its own network beyond its own properties. It is also a big blow for Rhapsody, which Spotify will...

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Published By: Tech Crunch - Tuesday, 26 June, 2012