Thursday, August 25, 2011

Research In Motion Limited (NASDAQ:RIMM) Set To Charge For Music

Research In Motion Limited (NASDAQ:RIMM) has plans to charge its BBM Music
customers. Research In Motion Limited (NASDAQ:RIMM) Set To Charge For Music The
BlackBerry maker Research In Motion Limited (NASDAQ:RIMM) announced its plan to
charge its BBM Music service customers $4.99 per month. The company offers music
sharing service on BlackBerry smartphones with the BlackBerry OS5 platform.
Users can share, build playlists and discuss songs through instant messaging.
The company has plans to introduce the service in 15 more countries by the end
of the year. Research In Motion Limited (NASDAQ:RIMM)'s BBM Platform &
Integrated Services vice president Alistair Mitchell said, "The service is
compelling because it's social. It's about that conversation around music
that's the centerpiece of it". Research In Motion Limited (NASDAQ:RIMM)
shares are currently standing at 29.12. Price History Last Price: 29.12 52 Week
Low / High: 21.6 / 70.54 50 Day Moving Average: 26.54 6 Month Price Change %:
-56.1% 12 Month Price Change %: -43.4%

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