Yahoo Inc. on Wednesday plans to launch a trial version of Yahoo Music Unlimited, a new, aggressively-priced online music subscription service.
For an introductory price of US$59.88 a year, or $6.99 when paid monthly, the service will give users access to over 1 million songs from all major record labels and most independent labels, Yahoo said in a statement.
With its pricing, Yahoo is undercutting rivals RealNetworks Inc. and Napster Inc., which both charge about $15 a month for comparable services. Apple's iTunes, the biggest online music store, doesn't offer subscriptions but charges users per song or album download.
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