I've posted on the destruction of the music retail channel before -- the death of stores such as Wherehouse and most recently Tower, killed off by mass merchants. But now we're seeing another whole channel, or two, taking a big piece of music retailing.
According to NPD Group, ITunes has moved past Amazon and Target to take third place in music retailing. The top five are:
- Wal-Mart - 15.8% market share
- Best Buy - 13.8%
- ITunes - 9.8%
- Amazon - 6.7%
- Target - 6.6&