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PCTT's Gatherer
Join Date: Mar 2003
Location: 2004
Posts: 2,861
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Yahoo to buy Musicmatch for $160 million
Yahoo said Tuesday that it is acquiring digital music specialist Musicmatch for $160 million in cash. The Sunnyvale, Calif.-based company said the buyout would help it expand its presence in the simmering online music space, where Apple Computer's iTunes service has proven the segment's potential by selling over 125 million songs, typically at 99 cents apiece.
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