Thursday, July 30, 2009

Sony BMG, Nokia merge music subscriptions, devices; Is this the future model?

Sony BMG Music Entertainment and Nokia on Tuesday launched a service where consumers get access to an entire music catalog when they buy a device. Nokia announced a similar pact with Universal Music in December.

The effort, dubbed Nokia Comes With Music, is another attempt to find a workable business model for music labels and erode some of the dominance enjoyed by Apple’s iTunes juggernaut. The big question is whether consumers will pay extra for an embedded music catalog on a device once the bundle ends.

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