Amazon Reportedly Will Launch Music-Streaming Service This Summer

Amazon will launch a music-streaming service under its Prime membership plan, BuzzFeed reported Thursday. According to the news site, the e-commerce giant has inked deals with two out of the three major music labels, Warner Music Group and Sony Music Entertainment. The service, slated for June or July, would join a growing list of premium services already available via Amazon, including on-demand video and ebooks. The music service will reportedly limit the number of songs consumers can stream. Per BuzzFeed, it will feature only tracks and albums that are at least six months old. Other services, including Spotify, Beats and Rdio, promote a broader library of content. Streaming music is hot, with Spotify recently hitting 10 million subscribers and Apple yesterday announcing the purchase of Beats Electronics for $3 billion, its biggest acquisition to date. Analysts chalked up the hefty price tag in part to opportunities for Apple to ramp up its music-streaming services. Not all are bullish on Apple's purchase of Beats. "It’s true that Apple has a lot of cash to spend on acquisitions, but this is not a good way to spend it," Karsten Weide, 
program vp of digital media and entertainment at IDC. "This is a lot of money for a streaming service that has barely 250,000 subscribers. This is a lot of money for a mediocre hardware company. This is a lot of money for buying some ‘cool’ when Apple should be able to create its own." Continue reading at 'AdWeek'

[ AdWeek | 2014-05-30 00:00:00 UTC ]
News tagged with: #streaming music #$3 billion

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Amazon Kindle Book Sales Soar

Online retailer reports sales of its digital ebooks has outstripped those of traditional paperbacks. Continue reading at PC World

[ PC World | 2011-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital ebooks


Report: Worldwide App Revenue To Exceed $15 Billion in 2011

Mobile app downloads will increase 117 percent to 17.7 billion worldwide while mobile application store revenue will grow to more than $15.1 billion in 2011, a 190 percent increase, according to Gartner Inc. In 2010, app stores generated an estimated $5.2 billion from both download sales and... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #advertising revenue


Richard and Judy launches kids books club

Written By: Lisa Campbell A children's book written by Jo Nesbo is among the choices in Richard and Judy’s Children’s Book Club, which launched in W H Smith today [27th January]. The husband-and wife television presenting team are working alongside the charity Booktrust, to encourage more... Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book written #lisa campbell #jo nesbo #working alongside #charity booktrust #enjoy reading


Fry Communications Builds Out Suite of Publisher Services

In two acquisitions this month, Fry Communications, a leading publication printer, has added to the array of services it offers customers. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher services #fry communications #offers customers


Amazon rolls out the first 'Kindle Singles,' short form ebooks

By Tim Conneally, Betanews Wednesday, Web retailer Amazon launched its Kindle Singles line of literature designed specifically for consumption on e-readers. The works, priced between $1.00 and $3.00, include original works of prose, essays and theses, and the the first TEDBooks.Last October,... Continue reading at Betanews

[ Betanews | 2011-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #russ grandinetti #vice president #kindle content #business leaders #copyright betanews


School library services face closure

Written By: Caroline Horn School library services (SLS) in Birmingham and Sutton are to close or substantially reduce the service they offer to schools, while in Greenwich the service suspended on a temporary basis in 2009 will not now be resumed. The news follows recent closures of services... Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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Paste Returns? Music Mag Acquired, Set to Relaunch as Digital Edition

The assets of music magazine Paste—which folded in print last fall but kept Pastemagazine.com alive—have been sold to Wolfgang's Vault, owner of a variety of music sites including Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital edition


WHS reports "solid" Christmas

Written By: Lisa Campbell High street book sales at W H Smith were down by around 2% like-for-like in the weeks leading to Christmas, according to analysts briefed by the company, equating to books outperforming other categories. In its formal Christmas trading statement, out this morning... Continue reading at The Bookseller

[ The Bookseller | 2011-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #2% like-for- #weeks leading #trading performance


Amazon Ups Its Edge

Apple caused a stir last week when it announced that it sold 7.3 million iPads in the quarter ended December 25, bringing the number of devices it has sold since it released the iPad last April to nearly 15 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-01-24 00:00:00 UTC ]
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Report: Verso and NewPage Back in Merger Talks

NewPage Paper and Verso--the largest makers of coated paper and the subject of merger rumors last year--are b Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #merger talks #largest makers #coated paper