Printer Friendly
The Free Library
19,607,053 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Elgiganten, the Leading Nordic Electronics Retailer Launches Digital Download Stores in Sweden, Norway and Finland as Part of Their Entertainment Expansion Plans.


All stores are powered by 24-7 Entertainment

LONDON & STOCKHOLM, Sweden -- Elgiganten continues to expand its Nordic operations and today launched three individual digital download The perspective and/or examples in this article do not represent a world-wide view. Please [ edit] this page to improve its geographical balance.  stores in Sweden, Norway and Finland, following the success of their Danish store which premiered in 2006. All of Elgiganten's download stores are powered by 24-7 Entertainment and feature over 2 million tracks encoded in the highest quality and available at competitive prices. The download stores are the first step in the roll out of Elgiganten's entertainment venture in the Nordic region -- a number of other services and products within this new business area will be launched during Winter and Spring 2008.

Within the last year, Elgiganten has expanded and developed its eCommerce operation and an important part of it is Entertainment, a continuously growing segment. All of the stores (http://musik.elgiganten.se/, http://musikk.elkjop.no and http://musiikki.gigantti.fi) feature both domestic and international artists. The launch of music downloads A music download refers to the transferring of a music file from an Internet-facing computer or website to a user's local computer. This term encompasses both legal downloads and downloads of copyright material without permission or payment if required.  is the first step in a comprehensive venture to feature entertainment products.

"Entertainment is an exciting and fast growing market and naturally we want to be in the driver's seat driv·er's seat
n.
A position of control or authority.
 of this development. In Elgiganten we are continuously working to make the user experience as easy as possible -- now our customers can buy a new MP3-player and download the music at the same place," said Henning Kleiven, Business Development Manager Entertainment, Elkjop Nordic.

"Elgiganten is a key player in the European retail market," said Morten Dahlgren, VP Sales & Marketing Nordic for 24-7 Entertainment. "We are delighted to be working closely together with a company employing a clearly defined development strategy that pays so much attention to what their customers need."

About Elgiganten/Elkjop

The Elkjop group of companies is the Nordic's biggest retailer within consumer electronics and white goods and had a turnover the financial year 2005/06 of 1,7 billion EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 with a profit of 125 million EUR. In the Nordic there is a total of 230 department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores.  and ca 5550 employees. All Nordic stores are supplied by the 93 000 square meter Noun 1. square meter - a centare is 1/100th of an are
centare, square metre

area unit, square measure - a system of units used to measure areas
 big central warehouse in Jonkoping, Sweden. The Elkjop group of companies is owned by the British consumer electronics company DSG International DSG International may mean:
  • DSG International (retailer) is a British retail group, formally known as Dixons Group plc
  • DSG International Ltd is a manufacturing company based in Hong Kong
 plc. For more information, see: www.elgiganten.se, www.elkjop.no, www.dixons-group-plc.co.uk

About 24-7 Entertainment

24-7 Entertainment with offices in the UK, Germany, Spain and Denmark, is the leading B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 technology provider specializing in online and mobile distribution of digital entertainment. Via its comprehensive system, the company has fulfilled ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 tens of millions of commercial and promotional downloads for major retailers, telcos, software and hardware manufacturers, record labels and media companies worldwide. With license agreements in place with over 12.000 labels including all major record companies, 24-7 Entertainment is a turnkey, one-stophshop for the seamless, distribution of digital media.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 21, 2007
Words:467
Previous Article:Instant Overview of the Dutch Internet Service Provider Market for 2007.
Next Article:Examine the Market for Bottled Water in Norway with New Report.
Topics:



Related Articles
WM-Data Aims to Be Nordic Powerhouse.
Xeikon creates unit in Scandinavia.
MCN Launches Multi-Channel Mobile Search Services with Tele2 in Sweden.
Cold Stone to Scandinavia.
Cyberfeminism in Northern Lights; digital media and gender in a Nordic context.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles