Windsor, Alberta 1/27/2010 12:30:00 AM
News / Business

Hewlett-Packard (NYSE: HPQ) Launches Digital Music Service in Europe

Hewlett-Packard Co. (NYSE: HPQ) announced Monday that the company is partnering with Omnifone Ltd. to launch a subscription music service on its personal computers in Europe, according to Associated Press.

 

Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.

 

Sign Up Today for our Penny Stock Newsletter

 

Under the partnership, HP will offer a digital music service called HP MusicStation on about 16 of its new PC models across 10 European countries, including the U.K., France, and Germany. Users of new HP PCs could use the service to legitimately download and share millions of music tracks on their computer.

 

The service comes with a monthly subscription fee of 8.99 pounds ($14.50) in the U.K., or euro9.99 in other parts of Europe. A subscription will give unlimited access to over 6.5 million tracks from Universal Music Group, Sony Music Entertainment, EMI Music and Warner Music International.

 

The current market for subscription music services in Europe is dominated by iTunes, which is run by Apple Inc. (NASDAQ: AAPL). The subscription-based service is different from iTunes, which sells songs to users by track or album.

 

MusicStation is pre-installed in a range of new HP Pavilion, Compaq Presario and Envy models.

 

Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.

 

About Us

 

Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.

 

Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer