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Friday, April 6, 2001 Yahoo Announces Alliance With Duet Music Subscription Service The on-demand Duet subscription service will provide music enthusiasts with the ability to compile personalized playlists and to share them with other Duet members, among other features. The Duet service is expected to launch with streaming music and plans to add downloads shortly thereafter. The Duet subscription service will offer music from Sony Music and Universal Music on a non-exclusive basis. Duet also expects to offer music from other companies. ``Yahoo! is pleased to join Sony Music and Universal Music, the world's two largest music companies, to promote the Duet subscription service to U.S. music fans,'' said Jeff Mallett, president and chief operating officer, Yahoo! Inc. ``We are committed to providing our active and robust consumer base with fast, easy and legal access to the music of their choice. This alliance represents a step forward in our ongoing efforts to make Yahoo! the Web's premier entertainment destination.'' Duet is a stand-alone joint venture equally held by Sony Music Entertainment and Universal Music Group. Based in New York City, the Company is developing a new consumer offering, a subscription-based service that will include various music and video offerings via the Internet. The initial service is expected to launch in the U.S. during the summer of 2001. Universal, Sony and other music companies will separately provide their music to Duet on a non-exclusive basis and Duet will provide its services to a broad range of affiliates.
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