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Yahoo! Expands
Yahoo! will expand its online music library with its agreement to acquire Launch Media, Inc. for $12 million dollars.
In the deal announced on June 28, 2001; Launch's services will complement Yahoo's Yahoo! Music, Yahoo! Broadcast and Yahoo! Radio.
Launch being bought out had to settle its own problems first. Universal Music Group filed a copyright infringement suit filed by Universal and other record labels over Launchcast; which is Launch's Internet radio service. The settlement included a payment by Launch for past performances and a non-exclusive license with Universal Music Group for use of Universal Music Group recordings on Launchcast.
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User Comments
(These do not necessarily reflect the beliefs of this site)
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aiwasound2001
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Date: July 5, 2001 @ 8:19 AM
I think yahoo is trying to beat AOL! I hope they beat the crap outta AOL! But this sux thou..all these companines merging! I hope that thier is no monopoly starting! that would suck big tyme! |
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cype
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Date: July 8, 2001 @ 12:31 PM
Yeah that would be a shame. |
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vbdude
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Date: August 14, 2001 @ 11:24 AM
Yeah beat AOL!
Go Yahoo! Go
:D
vbdude
:: Captain, USS INSANITY. ::
:: http://vbdude.deviantart.com ::
:: Jesus is my God :: |
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