Billionaire Richard Branson's latest company, Virgin Digital, is developing its own digital jukebox and online music store with music delivery company MusicNet.

Ultimately, Virgin Digital will work on mobile phones, handheld devices and other consumer electronics gear, said Zack Zalon, president of Virgin Digital. The product will include a jukebox, the ability to burn, rip and encode songs onto CDs, access to Virgin’s digital music club and its Radio Free Virgin Internet radio stations,

Virgin Digital is planned to be available by the end of August.

Read the whole story at Reuters Technology.

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