Friday, September 28, 2007

While Virgin and Sony flounder, some labels prosper online


On the same day that Virgin announced the elimination of their online store, boutique classical label Naxos is going great guns, announcing yet another strategic online partnership.

The Naxos Blog: Naxos on Amazon MP3 Now


As almost everyone knows by now, Amazon.com has opened its digital download store; of course, Naxos has a strong presence in the classical section. All American Classics titles are up for $5.99/album with individual tracks selling at $.89. Other Naxos recordings are selling for $7.99 for an album download.


By all appearances, Naxos seems to be in better shape now than they were before the advent of the mp3 era. Theirs is a lesson the rest of the music industry could learn from: evolve or die!

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