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Originally posted by Allthatisholy
What's the price for adele's songs?
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If it's not listed at $0.99, then it's $1.29
It seems Sony Music songs are $1.29 for some reasons.
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So Amazon doesn't make a profit at all when it comes to mp3 downloads?
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Amazon profit margin is EXTREMELY small. I would guess that Amazon at most make a $0.01 profit per mp3 sold. They only made a $631 million profit last year on $48,000 million revenue. That's a 1.5% profit to revenue ratio.
Their business strategy is to gain market share. They sometimes sell stuff at a loss in order to generate customer loyalties. They are thinking about stuff 10 years down the road, not today.
IMO, Amazon should create a subscription music or just buy Spotify for $1.5 billion.