Yahoo! bought a small start-up called Mediacode in December, 2003 that includes two founding members of Nullsoft (the company that developed WinAMP) in its team and now Mediacode is apparently developing a mediaplayer for Yahoo! that would allow it to compete against iTunes and other iTunes clones.
Yahoo is also rumoured to have had talks with various existing players in the legal music downloads sector, including Roxio (the owner of the p2p-turned-into-legal-music-store Napster) and MusicMatch. Company declines to comment on any of the rumours.
Source: News.com
Written by: Petteri Pyyny @ 4 Feb 2004 14:44