(Update: It's official)
So confirmation and official announcement is still due for later today, but I thought I could rely on Paidcontent post, which confirms that Yahoo has (*most likely*) acquired Foxytunes.
Hard to tell how this item will cross over amidst the Microsoft-Yahoo mambo jumbo, but for everyone who is interested in digital/online music and in music 2.0 in general - this is a significant move.
I wrote in the past how their "post to facebook" feature is the best way to show videos on your facebook profile, and I would even guess that their mail signatures might evolve into a disrupting music promotions and discovery tool.
Congrats to the foxy lads - hard workers and modest people - being a great example on how to build a focused web product, making it 100% viral (no advertising or promotion used) while keeping it unobtrusive and need-oriented.
Their Foxytunes Planet site is also a good example for building a smart UI, utilising all the small nuances of attention design and the "less is more" rule.
Well, this kinda brings me to the next post, which I wanted to write for a long time, about how media players can be very effective for widgets seeding.