James Delahunty
1 Sep 2007 5:18
According to the online edition of the New York Post, Internet retail giant, Amazon.com, is to enter the music download service in mid-September. The website cites a source close to the situation in its report. Amazon's intentions to launch a music download store (without Digital Rights Management (DRM) software) were announced by the company back in May of this year.
Back then, Amazon said the new service will offer million of tracks from 12,000 record labels including EMI. The service will sell MP3 downloads and will compete directly with Apple Inc.'s successful iTunes download store, which has sold more than 3 billion music downloads since it opened its doors, solidifying its position as a heavyweight in the evolving market.
Amazon, of course, is one of the world's most used websites and retailers. It's new download service will benefit from its millions of customers and considering it too offers a video download service (Unbox), it should be a credible challenge to the dominance of iTunes.
Source:
Yahoo (Reuters)