More on the Amazon-MySpace Deal
As Fortune writes, Jeff Bezos has done it again—after creating an online MP3 music store that quickly became the only serious rival to Apple’s iTunes Store, the Amazon CEO has now struck a deal with MySpace for its new music service that will only strengthen the company’s position.
Amazon still has a very long way to go, however. Gene Munster, senior research analyst at Piper Jaffrey, projected in the article that Apple will sell 2.4 billion songs this year, which translates to an 85% market share.
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