As a fan of classical music, I know how hard it is to find CD's locally: stores like Fye carry very little, Wal-Mart Stores (NYSE:WMT) has nothing except 3-CD sets of Beethoven's Greatest Hits, and the local independent store sells no classical, preferring to cater to an entirely different market. With the closing of Tower Records, Amazon.com Inc. (NASDAQ:AMZN) is stepping in to cater to this displaced demographic, and enrich itself in the process. With its new Classical Music Blowout page, you can browse CD's by price. The Classical Evolution series features collections of the great composers for $2.98 each. In addition to the budget-priced page, classical aficionados can browse the site's main Classical Music page.
While the market is probably too small of a prize to contribute much to Amazon's bottom-line, the company is likely to gain substantial market-share in the classical music category. I think all investors should have a couple CD's of classical music in their collection because research has shown that it makes you think better.
Reading annual reports? Vivaldi's Four Seasons is for you.
Are you more of a day-trader? Pachelbel's Canon ... If your results are similar to most day traders, you will also want to pick up a copy of Beethoven's Für Elise.
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Reader Comments (Page 1 of 1)
3-23-2007 @ 5:22PM
John tatlow said...
Mr.Bissonette thinks he has problems? Try living on the Isle of Man. In Douglas, there is only the HMV shop. There, one can find zillions of copies of Vivaldi's Four Seasons - Pachelbel's Canon too!! I once enquired why they didn't stock a wider range. the reply was, "You know, you're the fifth person who's asked me that this morning, but there's simply no demand for Classical music" and I'm not kidding!
So, in the absence of choice, I, like many others, resort to the Internet. Amazon offers some good deals and if you want something a bit off the beaten track (Vivaldi's Five Seasons?) try MDT of Derby. Excellent prices and a great selection. No, I don't have shares in the place, I'm only an ordinary bloke who loves his music.