Yahoo, Not Acquired Yet
February 4, 2008
Takeover bid? What takeover bid? We’re just doing business as usual here at Yahoo!. Thus Stan refers to a couple of musical moves.
One is the closing of Yahoo Music Unlimited. YMU users will be able to migrate their libraries over to Rhapsody. However, as Duncan points out: The move itself may be short term with Yahoo users likely to be forwarded to the Zune marketplace if Microsoft’s acquisition of Yahoo is successful.
Y!’s other musical move is the acquisition to Foxytunes. Hence Y! isn’t changing its mind about the importance of online music; what it’s changing is emphasis. By the way, I like the Foxytunes plugin. I trust Yahoo not to mess it up, but I’m not so sure about Microsoft.
That’s similar to how I feel about Flickr. I am not alone in my fears for Flickr, although I have yet to join the group stridently named MICROSOFT: KEEP YOUR EVlL GRUBBY HANDS OFF OF OUR FLICKR.
I’ve seen several arguments that Yahoo will be able to fight off the Microsoft offer. Fred Wilson’s argument is one of the better supported.
But I just bet that Y! will accept Microsoft’s bid by February 8. I did so at the new Industry Standard, which includes a prediction market. I’m already annoyed with the Standard over niggling user interface details. For example, it took me multiple attempts to get through the signup screen. Once signed up, I spent some of my “$100,000” by entering “10,000.” I was told that my bid couldn’t include letters.