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Yahoo! Music to launch a new video player

Posted Dec 15th 2006 10:16AM by Melly AlazrakiMelly Alazraki RSS Feed
Filed under: Products and services, Industry, Competitive strategy, Yahoo! (YHOO), Apple Inc (AAPL)

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Yahoo! Music is expected to announce a new music-video player, Video 3.0, today, after launching the beta version yesterday.

The new video player is compatible with Mac and Firefox and will have more features as well as higher quality video playing. Video Player 3.0 will give users the flexible capability of of searching for videos and creating playlists while watching clips. This would allow for consecutive video watching.

While Apple Computer Inc. (NASDAQ:AAPL) charges $1.99 for music videos through its iTunes store, Yahoo! Inc.'s (NASDAQ:YHOO) service is free.

This service must have a minimal impact on Yahoo! overall revenues. The launched upgraded service would probably not help the monetization problems Yahoo! is facing. However, the purpose of this service, like many others, is to attract and retain a user base. And that counts for something too.

Tags: apple, itune, yahoo, yahoo music, YahooMusic, yhoo

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Last updated: November 26, 2009: 01:12 AM

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