DoCoMo Buys Into Tower Records Japan To Push Mobile Money
from the does-it-help? dept
We've noted recently that Korean telcos have been buying up entertainment firms to try to to jumpstart mobile entertainment offerings, so, you might think that Japan's NTT DoCoMo deciding to become the majority shareholder in Tower Records Japan would have the same reasoning. However, from the article, it sounds like the reasoning is quite different. DoCoMo is looking to use the purchase to get more people to use their mobile payment solution, FeliCa, that is built into many of the phones they offer. Still, this seems like an odd move. Picking out a single retailer might not do much to get other retailers interested, and, in fact, could scare some off from getting involved, since they may not like the idea of DoCoMo competing with them on the retail side. Then, of course, there's the other side of the equation where people may ask who actually buys CDs from a retail record shop any more?Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Will they accept payment by shrimps?
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