Virgin to launch online music store this summer

But song format won’t work on your iPod…

 

British billionaire Richard Branson’s latest company, Virgin Digital, is developing its own digital jukebox and online music store with music delivery company MusicNet that will be available by the end of August.

Newly launched Virgin Digital, with offices in Los Angeles and London, is part of Virgin Group, which includes an airline, a record label, mobile phone service, Virgin Megastores and other assets.

Ultimately, Virgin Digital will work on mobile phones, handheld devices and other consumer electronics gear, said Zack Zalon, president of Virgin Digital. The product will include a jukebox, the ability to burn, rip and encode songs onto CDs, access to Virgin’s digital music club and its Radio Free Virgin internet radio stations.

Zalon declined to comment on pricing for the online store, which will let consumers buy songs individually or subscribe to the service.

More: http://www.silicon.com/networks/webwatch/0,39024667,39118958,00.htm

Virgin Store: www.virgin.com/downloads

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