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Yahoo Pays $160 Million for Online Music Store

Yahoo joins the online music market by agreeing to buy Musicmatch for $160 million. Analysts say Yahoo needs the deal to help it compete with Apple Computer and Microsoft in offering music downloads and digital music software. Hear NPR's Chris Arnold.

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Chris Arnold
NPR correspondent Chris Arnold is based in Boston. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition. He joined NPR in 1996 and was based in San Francisco before moving to Boston in 2001.