Amazon: launch digital music site on the stealth
Yes, finally the market has a competitive choice to iTunes, and marks bad news for 7digital we guess – more so, selling the latest offerings by Take That (who look to sell over 200,000 copies this week of their new album) at £3 is potentially disasterous for smaller labels. Whilst the cost of £.79 for a single track download is on a cost parallel with iTunes et al, the cost of albums will need to rise otherwise the industry has shot it’s own foot again. Word is that Amazon is selling these albums at a loss for the time being and the price will rise post PR campaign.
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