Amazon MP3s Now Cost 69 Cents

By: 04.29.11


“In recent days, the price of most track downloads in Amazon’s Top 100 Singles have dropped to $.69 cents. Many of these same songs sell on iTune’s for $1.29 including Katy Perry’s “E.T.”, Jennifer Lopez’s “On the Floor” and Lady Gaga’s “Born This Way.” Sources tell Hypebot that the labels are receiving full wholesale payments form the online retailer, with Amazon absorbing losses in an effort to attract new customers.

“Amazon is stuck at about 10% market share while Apple dominates with 70% of the digital music market.”

Read the full article at Hypebot.

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