p2pnet.net News:- It’s starting to look like a couple of years back when the corporate world thought mp3s might be the 21st century way to get into your wallet.

Everybody and his brother started putting up music sites, all carrying identical ‘product’ at identical rip-off prices, and all supplied by the Big Four record label cartel.

Ninety-nine-point-nine-nine-nine recurring percent disappeared into the undergrowth, but thanks to the p2p networks, online music is nonetheless BIG and it now seems Amazon will join the ranks of corporate entities wanting to cash in on it.

It’s “reportedly is moving toward offering a digital-music service, putting it into competition with the likes of Apple Computer, Napster and RealNetworks,” says The Wall Street Journal, quoted in the Associated Press.

And it looks as if Amazon is looking at downloan mp3 rentals whereby punters are expected to pay a monthly amount for music which disintegrates as soon as they stop forking out, but which has “analysts” of various ilks all agog as the way of the future.

“Citing people familiar with the discussions, the Journal says Amazon is talking about a music offering that would include options such as song-by-song downloads and a monthly subscription service,” says the story. “The expectation is that Amazon wants the service online later this year.”

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See:-
Associated Press – Amazon May Get Into Online Music, August 5, 2005

This entry was posted on Friday, August 5th, 2005 at 2:01 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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