May 16, 2007
Amazon's Digital Music Store
Posted by Gordon Smith

Amazon wants to sell music without digital rights management software. (W$J) Amazon said it has made deals with "more than 12,000 record labels," but it didn't answer the two most important questions: Will Amazon sell from major labels other than EMI, like Universal, Sony BMG, and Warner? What's the price?

In any event, investors liked the news. Amazon's shares climbed over 3.5% today.

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