STACK #137 Mar 2016

MUSIC

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 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.

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.

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