Nokia announced this week it will spend $60m on buying Loudeye, the digital music company. So what's with Nokia - the hardware, mobile phones and base stations company - going all software and services?

The Mighty Finn has been long chanting its 'we sold X million music-playing devices last quarter' mantra and there's no doubt that having a reasonable MP3 player on your phone will become as normal as having a decent camera is now.

So we can't help but salute Nokia's brave move into digital distribution - what better to way to guarantee there's a compatible service and available content for your MP3 player phones than to buy the firm that provides them?

[News Source]