Amazon backs Amie Street, music site
Amazon.com, continuing its spurt of initiatives to keep up with new technology, has invested an undisclosed amount to music site AmieStreet.com.
This is the first round of financing for New York City’s AmieStreet.com, a year-old online digital music store. The company is different for its radical approach to pricing. All songs are free to begin with. But as more members of the site download a song, indicating popularity, the price of the song goes up, capping… Continue Reading