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On February 26, 2008, the iTunes Store surpassed Best Buy to become the second-largest music vendor in the US behind Walmart, and became number one on April 3, 2008. [15] On October 10, 2012, the iTunes Store was reported to have a 64% share of the online music market, and a 29% share of all music sales worldwide. [112]
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
The Apple Music Festival (formerly known as the iTunes Festival) was a concert series held by Apple, Inc. and inaugurated in 2007. Free tickets were given to Apple Music , iTunes and DICE users who lived in the United Kingdom , through localized prize draws.