Walmart To Shutter MP3 Store

Walmart To Shutter MP3 Store
Walmart
is shuttering its MP3 music downloads store effective Aug. 29, according to a report in The New York Times. Walmart opened its MP3 store in 2003 to compete with Apple's iTunes, but has failed to challenge iTunes' market dominance. Walmart did not elaborate on their decision to discontinue MP3 sales. (8/10)

Philip Ginthör Appointed Sony Music GSA CEO
Philip Ginthör
has been appointed CEO of Sony Music Entertainment's Germany, Switzerland and Austria region effective immediately, succeeding Edgar Berger, who earlier this week was named CEO and chairman of Sony's international division. Ginthör, who has served as general manager of Sony Music Entertainment Austria since 2009, will report to Berger. (8/10)

Email Newsletter