Yahoo said today it would buy Musicmatch, one of the oldest digital music companies around, for $160 million. We reported last February that they were in talks, but at that point Yahoo also was looking to build its own software. It seems they've settled down on a strategy at last.
Other folks in the digital music business say $160 million is a lot of money (although Musicmatch had previously been asking much more). RealNetworks bought Listen.com's streaming media subscription service for just $36 million a year and a half ago, after all. Musicmatch also has downloads and … Read more