Chris Cantell Discusses Financials: Yahoo Sells Away Its Music To Rhapsody by Milota Sidorova

Visiting well known and popular internet music site music.yahoo.com, you will be suddenly pointed out to the new Rhapsody division. You loved this site for unlimited music access, while suddenly you have to pay? Bad joke?Not a one. As Yahoo senior vice president Scott Moore says, the company made a strategic decision to focus on the mass audience. Although the number of the site visitors overcomes 20 million per month, only 400, 000 of them used the unlimited service. Downloading fees brought more than $1.1 billion to the music industry last year, comparing to $235 million only for music subscriptions. It seems to be very perspective business.This step assures to Rhapsody the market's leading position. From now on, the former Yahoo visitors will have to pay Rhapsody $12.99 a month for a Web-only access, or $14.99 monthly for downloading the music to their media devices.Paying for music downloaded into your device seems to be essentially fair idea. More and more portals, such as Yahoo, Rhapsody, Microsoft etc. available this possibility to their subscribers. There is only one small mistake. This music might be absolutely scrap, if you are, by chance user of Apple's devices iPods, that as far as is known, make compatibility difficulties with everything else. More over, buying one device for listening music, transferring and sharing data, another for online TV transmission either web access, and another for calling. This can be pretty annoying stuff.Now, imagine one device providing from big media players features with enhanced telecom capacity, including video-rooms, four-way video-conferencing, integrated phone services, down to SMS communications delivering social network. Fair enough?Maybe you should know something about SigEx Telecom, new spreading company innovative social communication telecom networks, down to their users. Down to you!

related story: http://news.yahoo.com/s/usatoday/20080204/tc_usatoday/yahoosellingmusicservicetorhapsodyamerica;_ylt=Ap8y.4Axo3r58MyVxTdeVjms0NUE

by Milota Sidorova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by: Katarina Bosanska