Amazon released a new version of its Cloud Player application for desktop PCs today that adds some new features and in-app purchasing of music.
While the majority of people still buying music on vinyl records are doing so because of the sound quality, it’s nice to know that Amazon is at least stretching that purchase to the digital side.
Amazon might have grabbed a first-mover advantage by beating Apple and other companies to the punch with a web-based music storage and streaming service — but it wasn’t enough to floor investors in the same way companies like Apple have done in the past with these kinds of announcements.
Trying to beat rivals Apple and Google to market, Amazon.com announced tonight that it is launching a cloud-based music service. The service is an important one because it raises the possibility of creating a viable challenger to Apple’s current download-based iTunes music empire.