Real Networks, AOL and Yahoo! Might Pay ASCAP $100 Million

Time Warner’s (NYSE: TWX) AOL unit, RealNetworks (NASDAQ: RNWK) and Yahoo (NASDAQ: YHOO) could stand to pay up to $100 million in royalties owed to thousands of songwriters and publishers, after a federal judge established a formula for determining the payments. The move could force the three online services to pay royalties to the American…

Yahoo! Music Unlimited Service Shutting Down

As the mighty iTunes flicks another one of its competitors aside like a piece of lint on Steve Jobs’ mock turtle neck, Yahoo! Inc. announced yesterday that the Yahoo! Music Unlimited subscription service will cease operations and become a part of Real Networks Rhapsody in 2008. LOS ANGELES (AP) “” Yahoo Inc. will cease operating…

Microsoft Bids to Buy Yahoo!

In an effort to shore up it’s world wide dominance and fight the unevil empire called Google, Microsoft has made an unsolicited takeover bid to acquire rival search engine/portal Yahoo. Microsoft Corp. on Friday offered to buy search-engine operator Yahoo Inc. for $31 a share, or $44.6 billion, in an effort to better compete with…