Traditional music and video retailers are unfazed by the competition from Apple’s newly launched online iTunes Store in Hong Kong.
HMV, the British entertainment retail chain, said its stores had continued to thrive despite the existence of various paid and free online music stores worldwide for many years.
"We’ve already moved on from just selling CDs and depending on music sales," Emily Butt, the managing director for HMV in Hong Kong and Singapore, said on Wednesday. She pointed to its sales of books, DVDs, video games and hardware including media players.
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(Source: scmp.com)