Feeds

NTT DoCoMo buys music retail chain

Getting ready for CD-to-download sales shift

Top 5 reasons to deploy VMware with Tegile

Japanese mobile phone network NTT DoCoMo is to buy a majority stake in Tower Records Japan.

The telco said it will pay ¥12.8bn ($108.84m) for a 42 per cent stake in the privately held retailer which was founded by the US record store chain in August 1979 but since October 2002 has been an entirely independent entity.

DoCoMo will initially provide Tower's 100 Japanese stores with pay-by-phone systems allowing consumers to purchase music and have it billed to their FeliCa mobile phone accounts.

Both firms also said they are considering a digital music download service partnership, and that's likely to be the real motivation behind the deal. DoCoMo gains a music brand and knowledge needed to provide such a service which could integrate perfectly with the telco's i-mode facility. Some reports claim music accounts for around half of all i-mode content sales.

Indeed, Tower Records Japan is already working on a digital download service, in partnership with Napster.

Phones are going to be a key music playback platform, and the Tower deal puts DoCoMo in a strong position to capitalise upon the trend. ®

Security for virtualized datacentres

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Will BlackBerry make a comeback with its SQUARE smartphones?
Plus PC PIMs from company formerly known as RIM
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.