December 22, 2003

Music Download

Apples iTunes Music Store still isn't profitable and if Wal-Mart has anything to say about it, it never will be. On Thursday America's ... ahem ... favorite retailer launched its own digital music storefront online. Developed by Liquid Digital Media, the store offers 200,000 songs at 88 cents a pop -- undercutting iTunes downloads by more than a dime. Such aggressive price cuts are the standard practice that has driven innumerable mom and pop stores out of business and even elbowed aside major retail chains like Tower Records.
Wal-Mart Link

Posted by Craig at December 22, 2003 02:39 PM