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News Archive for 08/07/26

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Yahoo to compensate music store refugees

Yahoo Music Compensation

Yahoo will compensate customers of its Yahoo Music online store once the company shuts down its servers and prevents customers from renewing their copy protection licenses, the company says. The firm now says that anyone who purchased tracks in addition to their monthly subscriptions to Yahoo Music will be refunded "for whatever [was] paid" for the songs so that they aren't forced to repurchase the tracks later. All active subscribers can also voluntarily transfer over to RealNetworks' Rhapsody subscription service and will have their lower $10 monthly rate carry over for a limited amount of time.

FCC approves Sirius/XM radio merger

FCC Approves Sirius XM

The US Federal Communications Commission in an evening decision has approved the merger between satellite radio providers Sirius and XM, ending a 16-month delayed process. The decision quickly follows an agreement by the FCC to issue a $20 million combined fine against the two companies for violating interference regulations as a condition for persuading the lone official still undecided on the deal, FCC Commissioner Deborah Tate. The Department of Justice had already approved the deal from an antitrust perspective in March.

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