Wal Mart Distributor Buys Some

Wal Mart Distributor Buys Some of Liquid Audio Assets: In a move that could make it easier for record companies to sell and promote songs online, the music distributor for Wal-Mart–Anderson Merchandisers–has agreed to buy some of the assets of Liquid Audio, the troubled digital music pioneer. Charlie Anderson, the company’s CEO, said, “This will strategically position retailers to participate in the industry’s legitimate downloading future.”

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