BusinessWeek: Starbucks Tunes In to Digital Music
The company thinks the service will significantly add to its $4.1 billion in annual revenue while enhancing its brand. As for the music industry, still reeling from digital piracy and sharply declining sales of CDs at brick-and-mortar record stores, Starbucks could make shopping for music both legit and fun again. “There is no question in our minds that this is the future of music distribution,” says Hal Gaba, who co-owns Concord Records with producer Norman Lear. “It’s a significant enhancement of the iTunes experience.”
Burned CD’s? How 1999.
