Now that Time Warner's
AOL said that its Web-based musical jukebox, AOL Music Now, will include many hot features users currently demand, including downloads, programmed radio, and streaming audio and video. Users can pay $10 to $15 for full access; the higher fee allows users to download their music to compatible music players. They can also pay $4.95 per month for AOL with XM Satellite Radio
Intriguingly, AOL will allow paying Music Now members to download unlimited music videos. Until now, it's been common that users could view but not download videos, or they'd have to pay for video downloads.
Although this is yet another bid to tap into the Internet advertising market, AOL has plenty of competition. Apple's
Coiniciding with AOL's announcement, Vivendi's
Digital music has been rapidly evolving, as many different players attempt to get in on the action. For the time being, though, as long as Apple retains its dominance in the field, it's an uphill battle for rivals to make it too terribly far. However, if or when interest in the iPod begins to erode -- and obviously, these companies are banking on that inevitably coming to pass -- it should be very interesting to see which ones will be the winners with the musical services they've been working hard to build up.
Read up on some of AOL's most recent developments:
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Alyce Lomax does not own shares of any of the companies mentioned.