Yahoo Raises Price for Online Music

By Dave

It is funny how companies want people to pay for a service to get music, and then they raise the prices. All that does is make people that came from taking music illegally online to go back to that rather than pay the increased fees.

Effective November 1, Yahoo will charge about $120 annually for access via download to more than 1 million songs that can then be transferred to portable players. The Internet powerhouse has been charging just under $60 annually — a price most industry observers predicted wouldn’t last when Yahoo entered the market in early May.

Subscribing to the service on a monthly basis will cost $11.99, up from $6.99 under the initial pricing plan. That’s closer to but still below services from Napster Inc. and RealNetworks Inc., which each charge just under $15 per month.

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