Monday, November 17, 2003


Reuters | Latest Financial News / Full News Coverage  

Reuters | Latest Financial News / Full News Coverage: "Microsoft plans online music service
Mon 17 November, 2003 10:17

NEW YORK (Reuters) - Microsoft plans to roll out a song-downloading service next year that will rival offerings from Apple Computer and Roxio Inc.'s Napster.
A spokeswoman for the company confirmed to the Journal that Microsoft's MSN Web site will have such a service in 2004, but declined to provide more detail.
Citing a person familiar with the matter, the paper said Microsoft has been in close contact with major music companies to discuss plans for a service.
The story noted that Microsoft might be able to undercut the per-song price of competitors, and that its dominant Windows operating system gives the company a strong position from which to expand into new markets."

Aha! Just as I said :). Well, it's good to know that my crystal ball doesn't need new batteries!

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