Nokia to launch music download service in China

BEIJING, April 8 (BestGrowthStock) – Nokia (NOK1V.HE: ) will launch its
music download service in China, the world’s largest mobile
market, looking to emerging markets to invigorate the struggling
service that competes with Apple’s (AAPL.O: ) iTunes.

The world’s top cell phone maker will offer music from major
labels and a number of independents as part of the China launch
for its “Comes with Music” service, tailored for downloads to
cell phones and PCs, the company said on Thursday.

In late 2008, Nokia unveiled the service in Britain — seen
as the acid test market for new mobile services in Europe — but
it has lacked operator support and gained little traction in
developed markets since then.

Earlier this year, Niklas Savander, head of Nokia services,
told Reuters the offering would focus increasingly on emerging
markets. [ID:nLDE61E289]

With more than 700 million subscribers, China is the world’s
biggest mobile market by users, but rampant piracy in the country
has kept most major music labels and movie makers from realising
significant revenue there, despite the market’s huge potential.

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Nokia to launch music download service in China