Amazon Takes Aim at Apple
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Online retailer Amazon.com(AMZN Quote) stepped up its attempt to challenge Apple's(AAPL Quote) dominance in the music downloading market.
The company said on Thursday that its music downloading service, called Amazon MP3, will release tracks from Warner Music Group artists available without digital rights management software that prevents copying and sharing. This expands Amazon MP3's library to 2.9 million DRM-free songs at prices of 89 cents or 99 cents per download.
Amazon's expanded catalog elevates the company's stature as a player in the market for digital music. Analysts see the move as an attempt to remain a relevant music retailer as sales of compact discs grind to a halt that media trackers from the Yankee Group say could come as soon as 2012. But Amazon MP3, which debuted in September 2007, has arrived late to the game and will be hard pressed to dislodge Apple. ...
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