A quick note from the continuing Yahoo drama: today the company agreed to sell off Launchcast, its streaming music service, to CBS. (Disclosure: CBS is the publisher of News.com.) This continues Yahoo's movement out of the music biz--it sold its subscription service to RealNetworks back in February.
More interesting than Yahoo's exit is the buyer. Launchcast now sits alongside Last.fm and AOL Radio (which is best-loved on the iPhone) in CBS's online radio arsenal. According to this report in All Things Digital, Launchcast will become more like AOL Radio, focusing primarily on pre-programmed playlists and … Read more