Wednesday, December 3, 2008
Yahoo’s Music Outsourcing Continues: CBS Takes Over Radio Offering
Here’s a Yahoo story I can report with certainty: The company is getting out of the Internet radio business, by handing over its Launchcast streaming music service to CBS. The transition will kick in during the first few months of 2009, says Michael Spiegelman, who heads up Yahoo’s music unit. It’s one of a series of moves the company is making to essentially outsource its music offerings to third parties.
