Taking a different pricing approach than its competitors, the service will cost merely $4.99 a month for an annual subscription (coming to approximately $60 a year), or $6.99 for a monthly subscription.
"We are committed to being at the forefront of the rapidly growing online music segment," said Lloyd Braun, head of Yahoo! Media Group. "Yahoo! Music Unlimited draws on the best of Yahoo! to provide personalization and community features unlike anything else in the marketplace."