Virgin enters online music selling business

Sushubh

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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
 

Sushubh

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Oct 29, 2004
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hamaracd.com :p not exactly what virgin or itunes do. :)
 


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