Rhapsody Cuts Rates To Promote Cloud-Based Music

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Rhapsody wants to head the pack when it comes to cloud-based music services, so it is dropping its monthly price to $9.99 to entice iPhone users to pay for all-you-can-listen access. While subscription music plans have yet to really take off, fast cell phone networks are prompting more companies to offer cloud-based music services.
Subscription music service Rhapsody is dropping its monthly price to $9.99 from $14.99, hoping that loads of iPhone users who sampled it will now pay for all-you-can-listen access.
Several companies have announced their intention to launch similar music plans that let people listen to songs that are stored on remote computers and streamed to their smart phones wirelessly. Such music services, based on so-called "cloud " computing , are challenging Apple Inc.'s system of having consumers buy and download tracks for playback on iPhones and iPods.

http://www.toptechnews.com/news/Rhapsody-Cuts-Subscription-Rates/story.xhtml?story_id=033000JOQB4I

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