Virgin GroupVirgin Group to Shutter Virgin Digital Music ServiceAuthored by Mark Hefflinger on September 25, 2007 - 8:14am.
London - Richard Branson's Virgin Group has announced that it will shutter its Virgin Digital online music service. Virgin Group Launches Music Download Service in U.S.Authored by Mark Hefflinger on September 28, 2004 - 9:33am.
London -- Virgin Group joined a growing list of companies on Monday when it launched its new Virgin Digital music download service in the U.S., offering songs at 99 cents apiece and a monthly subscription service for $7.99. The company said it would also offer streaming radio with Radio Free Virgin, as well as a range of portable device management tools. Virgin Digital said it would eventually offer the service outside of the U.S., but did not provide specific dates thereof. Virgin Digital, a unit of Sir Richard Branson's Virgin Group, downplayed the fact that a large number of players already offer similar services in the U.S. and elsewhere. "We don't see this as crowded," said Virgin Digital president Zack Zalon. "It's not saturated at all, and there is tremendous growth potential." Zalon also said that Virgin was taking a long-term approach to the market and that it expected to be a "significant player" within five years.
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