Tesco to launch e-book, music sites

Tesco has hired former executives from Facebook and EMI to launch e-book and music e-commerce sites to operate alongside Blinkbox, the movie site the retailer acquired in 2011 in an effort to compete with Amazon. "I don’t think you compete head on against Amazon. I think you compete around Amazon and leverage the strengths you have," said Blinkbox founder and CEO Michael Comish.

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