Yahoo China today announced that it will close its music service by January 20 next year.

Absrtact: Yahoo China announced today that it will close Chinese music services by January 20 next year. Website statement said: "Thank you all the time for Yahoo product support, due to product strategy adjustment, now decided on the January 20, 2013 offline Yahoo tone

Yahoo China website statement

Yahoo China today announced it will close its music service by January 20 next year.

"Thank you for all the support for Yahoo products, because of product strategy adjustment, it is decided to be on the January 20, 2013 off the Yahoo Music, product follow-up will no longer provide services," the statement said. ”

Recently, foreign websites have frequently retreated in the Chinese area. Last week, Google (Weibo) announced that it had closed its shopping search in China. Two months ago, as Baidu signed a copyright deal with Universal Records, Warner Records, Sony and BMG, it was hard to resist competition from its music search and shut down China's music search service.

Yahoo has always been working with Alibaba to run Yahoo China. Yahoo has a 23% per cent stake in Alibaba and recently appointed Executive Vice President Jacqueline Reyssesse (Jacqueline Reses) as director of Alibaba. But the partnership is not going well, and Reyssesse is the 3rd Yahoo executive to be assigned to Alibaba's board in 1 years.

Yahoo 2001 spent 12 million dollars to buy launch Media, began to dabble in the music market, and then spent $160 million to buy music services MusicMatch.

Yahoo's music and movie websites have been underperforming this year and have repeatedly been the hardest hit by layoffs. By the end of 2011, Yahoo's music web site had an independent audience of about 25 million subscribers, with little appeal to advertisers, according to the market research firm comscore.