iTunes Eats Amazon's Lunch


	iTunes Eats Amazon's Lunch

David M Ewalt

12-15-2008 3:46 PM

684 views

tags:

mp3, music, retail, amazon, apple, itunes

David M Ewalt says:

Even though Amazon's mp3 store isn't making much money, don't expect it to fail or go away -- record labels want viable online retail alternatives to iTunes, so Steve Jobs can't tell them what to do.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/26f36bf5-344a-440e-8971-732b79885d24/D33B011C-D64A-4F90-BEF3-8964FFA225EC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://mediamemo.allthingsd.com/20081215/amazons-mp3-store-one-year-in-no-itunes-killer-probably-wont-be/" href="http://mediamemo.allthingsd.com/20081215/amazons-mp3-store-one-year-in-no-itunes-killer-probably-wont-be/" style="font-size: 11px;">mediamemo.allthingsd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mediamemo.allthingsd.com/20081215/amazons-mp3-store-one-year-in-no-itunes-killer-probably-wont-be/"><P><A href="http://mediamemo.allthingsd.com/files/2008/12/amazon-logo.jpg"><IMG height="65" width="250" alt="" src="http://mediamemo.allthingsd.com/files/2008/12/amazon-logo.jpg" title="amazon-logo" class="alignright size-full wp-image-2119" /></A>Amazon has been selling digital music from all the big music labels for nearly a year now. It’s the first major challenge to Apple’s hammer lock on that business. So how did it do?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mediamemo.allthingsd.com/20081215/amazons-mp3-store-one-year-in-no-itunes-killer-probably-wont-be/"><P>If you view Amazon’s MP3 store as a would-be iTunes-killer, or even a would-be iTunes rival, it has failed miserably. Neither Amazon (AMZN) nor its big label partners–Warner Music Group (WMG), EMI Music Group, Sony (SNE) and Universal Music Group–is publicly releasing any sales numbers. But the best estimates I’ve been able to get from label executives give Amazon 5-to-10 percent of the digital music market, with Apple (AAPL) hanging on to its 70+ percent share.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mediamemo.allthingsd.com/20081215/amazons-mp3-store-one-year-in-no-itunes-killer-probably-wont-be/">Lucas Gonze, a smart digital music guy who spent a brief stint at Yahoo (YHOO) after it acquired his start-up, does some back-of-the-envelope math and concludes that <A href="http://gonze.com/blog/2008/12/14/amazon-grew-ppd-business-82-mm/">Amazon’s store contributed all of $82 million to the music business</A>, and that Universal collected most of that. That same math means that Amazon grossed all of $39 million </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D33B011C-D64A-4F90-BEF3-8964FFA225EC/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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