Andre Yoskowitz
28 Sep 2007 9:07
According to a banner on its main portal web page Yahoo is notifying users that it will be shutting down its podcast service on October 31st and that it will have important news to tell customers, and possibly investors, tomorrow.
"Today we're planning some changes that also have our user and customer experiences in mind," reads a message on Yahoo's corporate blog from entertainment and video head Vince Broady, entitled, "Finding Focus in Hollywood. "We are streamlining the structure of one portion of our Santa Monica presence - our entertainment division - with a vision of offering a more integrated entertainment experience. That means we'll be creating more synergies between our music, games, movies, TV, and omg! properties, making them more personal and engaging for entertainment hounds."
The statement has many believing that Yahoo's Unlimited Music store will either be pared down or closed down entirely, with the company then moving those resources to Yahoo's free, ad-supported services.
More updates after Yahoo makes its statement.
Source:
BetaNews