Sony hopes to strike chord in online music
Sony (SNE) aims to take on industry leader Apple (AAPL) starting Tuesday with an online music service whose songs will play only on Sony products. Internet analysts are scratching their heads, especially because the digital download service – called Connect – is geared toward supporting Sony’s MiniDisc, a 13-year-old format that has never hit big. But some retailers say sales of MiniDisc players perked up in the two years since Sony added the ability to record digital music onto them. And Sony will introduce an offshoot of the MiniDisc in June, offering more storage at a lower price than competitors.… Read more »
