In its second-largest acquisition, Amazon buys the company for $970 million.
Amazon.com has launched a classical music store with a featured selection of 2,000 classical music titles across genres. Amazon already offers 100,000 titles across its site.
Amazon.com Inc. has launched a classical music store-The Classical Music Blowout Store-with a featured selection of 2,000 classical music titles across genres. Amazon offers 100,000 titles across its site. The Classical Music Blowout Store also features guides to recordings of classical music and profiles of artists.
In 2006, classical music was the second-fastest growing music category at Amazon.com, the company reports. "The demand from our customers for classical music continues to outpace other music categories," says Thomas May, Amazon.com senior music editor and classical music expert. "But the disappearance of prominent bricks-and-mortar music stores and the fact that most music retailers are scaling back their selections of classical music means that more classical music lovers are relying on Amazon to continue offering the deep selection and low prices that they are looking for.
"With the launch of this store, we are simply making it easier for customers to find and purchase the classical music they love."
Amazon.com is No. 1 in the Internet Retailer Top 500 Guide.