MATT HARTLEY, Reportonbusiness.com
September 26, 2007
A few years ago it was unthinkable that anyone could challenge Apple Inc.'s dominance over the online digital music industry. But with the launch of a new music download service from Amazon.com Inc., the world's biggest online CD retailer, Apple faces the prospect of true competition from a legitimate opponent for the first time.
Yesterday, Amazon announced the launch of Amazon MP3, the first online music store where every song is available in the MP3 format, free of the digital rights management (DRM) software that imposes restrictions on what consumers can do with their music. Plans have not been announced for a Canadian version of the site.
Seattle-based Amazon is also undercutting Apple's iTunes by offering more than half of the two million songs in the Amazon library for 89 cents (U.S.), 10 cents less than Apple charges.
Music labels have long insisted that DRM software helps protect their music against piracy by limiting the number of times a user can upload a song to a mobile device, burn it to a CD or by preventing the music from being used on multiple computers.
Read More ....
No comments:
Post a Comment