Walmart to Exit MP3 Business on August 29

10.08.2011

While it is never good to see companies fail in a market that is so heavily dominated by one company like digital media, it is certainly not surprising. Apple's dominance has been built on integration, something that none of these other competitors, save the Zune, have ever been able to provide.

It will be interesting to watch now if other players begin to give up on digital media. Perhaps some are looking at other sectors of the market -- such as streaming -- which are quickly becoming the next big thing. At least Apple doesn't have a fish to fry there (yet).

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