breaking news
Wal-Mart plans to launch its own online
music downloading service.
The retailer is looking to its core customer base with its new
online music service, offering a library of largely country songs
for less than the standard 99 cents per song.
The retailer sells 20 percent of the nation`s recorded music.
Bentonville-based Wal-Mart already rents DVDs online, and
analysts say offering music opens the market to a new demographic.
Wal-Mart`s service may be online as soon as next week and carry
about 200,000 -- half the library of some other
downloading sites.
During the summer, Wal-Mart completed a seven-month trial and
began full-scale operations in its online DVD rental business, a
challenge to market leader Netflix.
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