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• Amazon opens new online movie store

  Posted Jul 17 2008, 10:50 AM by Kim Peterson
  Filed under: Apple, Amazon, Sony, Netflix, Kim Peterson
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  If you want to sell TV shows and movies online, you've got to keep it simple. Make it easy. Apple knows this. So does Netflix, which is expanding its subscription service online. But Amazon straight-out failed in this area with its clunky Unbox download service. So it went back to the drawing board and has a new effort out today.

  The new store, called Amazon Video on Demand, has 40,000 movies and TV shows and ups the ante in the online video business with two significant breakthroughs. First, Amazon has partnered with Sony Electronics to get the store directly into the TV -- Sony Bravia TVs, specifically. Second, Amazon holds the videos you buy on its end, and you can watch them by logging in to Amazon from different computers or devices.

  Amazon shares are up less than 1% to $72.13. Here are more details about the service, which Amazon chose to announce in today's New York Times.   Read More...

  Discuss ( 8 comments) 3,116 Views Digg this | Email this | Link to this

• Apple's fast climb to top music seller

  Posted Apr 03 2008, 12:32 PM by Kim Peterson
  Filed under: Apple, Amazon, Retail, Kim Peterson
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  Apple has become the top music seller in the U.S. The company made the announcement today after Ars Technica leaked an internal e-mail with details. Just a couple of months ago, Apple passed Best Buy to become the #2 music retailer. Now, the company is topping the charts.

  Apple had 19% of the market in January, and Wal-Mart was in second place with 15%, according to the leaked e-mail. It's worth noting an obvious difference between the two: Apple is an all-digital music seller, while most of Wal-Mart's sales are physical CDs. Best Buy, Amazon and Target rounded out the top five spots. Some tech blogs thought that January's numbers were skewed due to people redeeming iTunes gift cards recieved over the holidays. But it looks like Apple stayed on top in February as well.

  Shares of the company rose nearly 3% today to close at $151.61. Here's what others had to say about the news:   Read More...

  Discuss ( 72 comments) 35,663 Views Digg this | Email this | Link to this