19.06.2014 - Amazon removes fee for music
One of the largest online stores in the world Amazon announced free access to music for customers who use the package Amazon Prime. According to the statistics of the company, customers who use premium accounts which cost $ 99 per year make purchases 2 times more than ordinary users. In addition, the company has increased its financial indicators by license fees for the use of premium access. Income from the sale of these packages is about 2% of the company's income and can grow significantly in connection with the offer of free access to music.
We expect sales growth of the company in connection with innovation and forecast growth of quotations of the company by 5-8% in the coming months.