barnesandnoble.com Will Add Music, Video Collections
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The soon-to-be IPO is following Amazon.com's lead, which began offering music and video selections at its site earlier this year.
"While our site will offer virtually every available CD, our merchandising will be focused on classical, opera, jazz and show tunes," said Steve Riggio, chief executive officer of barnesandnoble.com. "That approach has been very successful in our retail stores. . .We intend to have the same focused approach to video, emphasizing documentaries, travel, how-to and tons of hard-to-find foreign films."
The company also signed an exclusive agreement with the All-Music Guide/All-Movie Guide entertainment databases. Under the agreement, barnesandnoble.com will have exclusive online rights to the databases. Financial terms of the agreement were not disclosed.