Yep, apparently so. I guess myself and the rest of the civilized world hadn’t really taken much notice. Well, now I guess Rhapsody is swallowing up their flimsy business in hopes of consolidating a losing venture.

Spin City:

“Our partnership with Rhapsody, the acquisition of FoxyTunes and the release of the web-based Yahoo! Media Player moves Yahoo! Music closer to our goal of enabling users to play all of the music on the Web,” said Yahoo’s vice president of video and media applications, Ian Rogers. “But, it doesn’t end there. Yahoo Music will continue to innovate and forge new ways to marry music content with the rich content of the Internet[s].”

I’m sure this has nothing to do with Microsoft’s looming shadow.

Whatever, I always thought the “all-you-can-eat” music business model was faulty. it’s like being in a book of the month club, only when you fail to renew your subscription someone comes in and takes all your books that you “bought.” BS. I still buy CDs.

Microsoft, realizing that their MSN and Hotmail services have started to look almost cool compared to the absolute garbage provided by overvalued internet dinosaur Yahoo, offered up an unexpected buyout offer of $44.6B this morning, an offer Yahoo said it will study “carefully and promptly. ” The company formed by combining Yahoo and Microsoft will be catered specifically to the 1% of internet users, mainly old people, retards and foreigners who don’t automatically use Google for everything.