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M
usic streaming market
saturation, and
consolidation of existing
freemium services have been key
factors in the closure, with the
retailer unable to establish a viable presence for the paying
premium subscriber in a competitive and challenging landscape.
Although disappointed to see an end to the music streaming
service, JB Hi-Fi CEO Richard Murray said, ”The music department
is entrenched in the DNA of JB Hi-Fi and we are committed to
continuing to provide the largest range of CDs and vinyl across our
180 stores nationally and on our online store.”
“Engaging with our loyal music customers outside the store
is key to the ongoing success of music at JB, and the team are
very excited about future plans to amplify that engagement. We
thank you for your support of the service and look forward to your
continued support of music at JB Hi-Fi.”
JB NOW TO CEASE
OPERATION
13
MUSIC
IT'S The VINYL
COUNTDOWN
T
his month – just in case you needed
an extra reason to bulk up your
vinyl treasure chest – JB is having an
enormous record sale, bringing over 100
LPs down to under $30. It goes hand-
in-hand with JB's turntable price blitz
(should you also need a way to play your
vinyl), and there are some huge titles
included, with classics from AC/DC,The
Beatles, Creedence Clearwater Revival,
The Eagles, Led Zeppelin and Johnny
Cash alongside Lorde, Sam Smith,
Courtney Barnett and Pharrell.
Don’t forget, you can always order
hard-to-find vinyl via the JB Hi-Fi website.
JB Hi-Fi has reluctantly announced the
closure of its subscription-based music
streaming service JB NOW Music, after five
years in operation.The service will cease on
17 March, 2016.