Can Successfully Challenge Apple?

The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics around the investing world. has apparently signed deals with four record labels for its cloud-based music service. The online retailer clearly has its sights set on Apple's iTunes and the digital distribution of music. The company wants to continue to push into distributing all forms of digital media, which includes streaming movies like Netflix. The move is likely to give more content options for the Kindle Fire going forward, which could make the tablet more desirable than ones from Dell. David thinks this is a good move for and believes it will continue to push hard in this direction. Ultimately, this should be good news for Amazon's share price. has been one of the most disruptive companies in recent memory, and retail is in its largest period of transition ever as a result. The companies left behind will bankrupt investors, while the few exceptional leaders benefiting from this change will see astounding growth in the years ahead. The Motley Fool has created a free report, "The Death of Retail," that highlights two companies, hand-picked by Fool analysts, that are set to dominate the future. To check out these two companies and learn more about the future of retailing, click here now -- it's free!

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David Meierowns shares of Apple.John Reevesowns shares of Apple and Google. The Motley Fool owns shares of Apple,, Google, and Netflix.Motley Fool newsletter services, Apple, Google, and Netflix. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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