And then there were two. Despite some industry pundits who felt that music subscription services were a good deal — giving consumers access to millions of major label songs for a flat fee per month, usually around 10 bucks — they never really caught on in the marketplace due to incompatibility with Apple iPods and frequent technical snafus.
Yahoo! Music Unlimited is the latest service to bite the dust, Forbes is reporting. Yahoo will transfer all of its members over to Rhapsody in a new agreement, leaving that company and Napster as the final two online music rental sites. Remember that AOL Music Now died after five months, MTV’s Urge folded into Rhapsody back in August, and Virgin Digital also bit the dust in September 2007.
Yahoo! Exits Music Subscription Biz [Forbes]