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Amazon Buys Amie Street
Date: Thursday, September 09, 2010 @ 13:38:47 UTC

The news that Amazon was buying out Amie Street's online business came as a shock to some users, but it shouldn't have. Amazon has long been an investor in Amie Street, so it was only a matter of time before the media giant took over. What's more of a surprise is that Amazon is closing Amie Street's website down - in a letter to customers, the Amie Street founders told customers that they will no longer be able to use the site as of September 22, and that they should download all purchased music before then. Amazon said that active customers will receive a $5 credit to the Amazon MP3 store that will work until December 1. So, what is Amie Street, Inc. going to do now? The company is focusing on its "new" social music service Songza. You may recognize that name, though, and that's because Songza isn't entirely new. It used to be its own music streaming service, eventually gobbled up by Amie Street in 2008. Complete Article







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