Music Retailer

Music Retailer Trans World Buys Stake in Custom CD Kiosk Firm Mix & Burn

Authored by Mark Hefflinger on March 30, 2006 - 9:13am.
Albany, N.Y. - Trans World Entertainment, a music and entertainment retail chain that operates over 1,100 stores under brands including f.y.e., Sam Goody and Wherehouse, announced on Thursday that it has acquired a controlling interest in Mix & Burn, a provider of digital content services to retailers. Financial terms of the deal were not disclosed. St. Paul, Minn.-based Mix & Burn develops in-store kiosks that let consumers mix custom playlists and burn them to CDs. The company plans to soon expand its service to enable downloads from the kiosks directly onto portable music and video players, and onto cell phones. "In the near future Mix & Burn will become a feature of the 'Download Zone' section of our stores as we continue to transform the store to be a source of digital as well as physical entertainment content," said Trans World president and COO Jim Litwak.