Yahoo! Near Another Buy
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According to a report in The Wall Street Journal Thursday, the two companies are negotiating and the price may fall in the $200 million range. Officials of both companies declined to comment.
MyPlay, which offers a "virtual" locker that allows users to store online versions of their CDs on the company's Web site, has become a hot property because it seems to be acceptable to record companies concerned about piracy issues raised by companies like Napster.
has been seeking to expand its online music presence according to The Journal. In recent months the portal company has had talks with Sony Corp.'s Sony Music Entertainment and Seagram Co.'s Universal Music Group.