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A Rising Tide?

27 Apr, 2009 By: Thomas K. Arnold

Amazon's Q1 results, released this morning, bring some encouraging words for our home entertainment business. While the online retailer attributes its strong results — net sales rose 18% to $4.9 billion while net income shot up 24% to $177 million — to demand for its Kindle ebook reader and better inventory management, the media category, which includes DVDs and Blu-ray Discs, also performed quite well.

Sales within the media category, which also includes music, digital downloads, software, books and video game hardware and software, rose 8% to $1.3 billion in the North American market.


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