In spite of the reports in media that selling music online is not as profitable a deal, as it looks like, there is no shortage of the new entrants. The latest to enter the fray is British tycoon Richard Branson’s Virgin Group. They have entered the market with a Digital Megastore and plan to sell music at the same price as Apple Stores at 99 cents.
Apart from just music (they plan to have more than a million songs on sale), they are also planning to promote and sell music players through this service. Virgin also will offer a subscription-based service, called Digital Music Club, for 7.99 dollars per month, allowing unlimited access to its library, and a streaming music and radio service.
Latest entrant into Online Music Selling: Virgin Group
Apart from just music (they plan to have more than a million songs on sale), they are also planning to promote and sell music players through this service. Virgin also will offer a subscription-based service, called Digital Music Club, for 7.99 dollars per month, allowing unlimited access to its library, and a streaming music and radio service.
Latest entrant into Online Music Selling: Virgin Group