Amazon Accelerates Its Move to Digital

"The overall market for entertainment and information is inexorably going digital. One day, most music, movies and perhaps even printed words will be sent as bits over the Internet instead of in bulky boxes. More than half of the company’s $15 billion in sales last year came from CDs, DVDs and books, shipped from Amazon’s 30 cavernous distribution centers around the world. Last week, in what could be an omen of this shift, Apple proclaimed that its iTunes store had surpassed Wal-Mart Stores to become the No. 1 source of music sales in the United States. Amazon, which still sells mostly CDs, was the No. 3 seller last year but has since lost market share and is now tied with Target for fourth place. Best Buy is No. 3. “Digital is where the growth in music is, and other industries are likely to follow,” said Bill Rosenblatt, chief executive of GiantSteps Media Technology Strategies, a New York consulting firm. “Amazon needs to position itself to capture that.” (Brad Stone, The New York Times)

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...might also be an interesting article.

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