America Online (AOL), worlds
largest Internet Provider and best known from their free CDs has now announced it
will no longer Amazon to sell CDs and DVDs from their website. The company, part
of AOL/Time Warner is now selling the CDs and DVDs directly.
AOL/Time
Warner has its own music division and wants, with this step, to expand their
music sales activity. The company is also involved in Musicnet, an online
legal download service.
to sell physical CDs and DVDs is part of AOL's efforts to get a bigger share of the digital music pie as it seeks out new sources of revenue to help in the online unit's turnaround and offset the shrinkage in its dial-up Internet service and the slump in ad spending from the dot-com heyday. Online music has been one of the company's many efforts to keep and |
Source: Cnet.com
