Thursday, August 7, 2008

Target named 5th largest music retailer for 2008


According to this article from BusinessWire (which references research from The NPD Group) these are the leading music retailers for the first half of this year:

1. iTunes
2. WalMart (Walmart, Walmart.com, Walmart Music Downloads)
3. Best Buy (Best Buy, Bestbuy.com, Best Buy Digital Music Store)
4. Amazon (Amazon.com, AmazonMP3.com)
5. Target (Target and Target.com)

It’s interesting that only one out of the five is an entertainment store, and none of them are music specific. What about Tower Records, Sam Goody, Virgin Music, and FYE? Remember them?? Apparently, they’re not where people are buying music anymore.

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