Japan
Internet
- Avex Group Holdings announced the reorganization of its corporate structure around the establishment of an online content distribution subsidiary and the consolidation of its creative operations into one division. The move is aimed at strengthening online music distribution and visual content production and reduces its dependence on music CD sales. The major record company plans to set up a content distribution web site that would just handle its music and visual software libraries. Initially, the site will be for free but only members will be given access to downloading services for cell phone users. The site is predicted to offer both music and visual...