Monday, August 08, 2005

BetaNews | Amazon to Move Into Digital Music Biz

BetaNews | Amazon to Move Into Digital Music Biz: "The Wall Street Journal reported late Thursday that online retailer is considering an entrance into the digital music business, and has held talks with industry executives over the past two weeks to license content."

They've had headhunters calling around for quite a few months trying to lure people over from competitors in the space. No doubt about it, Amazon is the king when it comes to moving physical goods and inventory via e-commerce, but I'm not convinced that it will help them all that much in the digital music space. That being said, they do have the luxury of having an awful large number of credit cards on file, thereby lowering one of the biggest barriers to entry for many...

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