Friday, March 03, 2006

Digitial music in Canada

Following stats that showed Canada was lagging in participation in the booming music download industry - news on a deal that may accelerate that growth came out. Bell Canada announced it has acquired a Majority Interest in Puretracks, Canada's Premiere Online Digital Music Service.
The company said in its press release - "By investing in Puretracks, Bell is better positioned to capitalize on the growing demand for online digital entertainment among Canadian consumers," said Charlotte Burke, Senior Vice president, Bell Canada Consumer Internet Services. "Working closely with Puretracks and their leading music industry partners will reinforce Bell's proven track record of offering original and exclusive online content."

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