Flipkart Flyte Closure: Definitely Fishy, Sad

I distinctly remember seeing tons & tons of M.S.Subbulakshmi's albums including the ever famous "Bhaja Govindam", "Vishnu Sahasranamam", "Venkatesa Suprabhatam" on Flyte. I'm searching now and can only find 5 albums of hers! Only 5!

I see that iTunes has these at the regular/"whopping" Rs.120/- .

I'm definitely wondering if entrance of iTunes Indian store has got something to do with Flyte's closure. Of course, I may be completely mistaken and off the mark, but the coincidence is definitely too troubling.

Like I hinted in my earlier post, Flyte's closure is definitely a very sad event :(

Flipkart Flyte MP3 Music Store closing down :(

Flipkart's MP3 Music store - Flyte - is closing down tomorrow, 17-Jun-2013. It's indeed a sad day since they had a lovely collection that was huge, fantastically classified, very nominal (when compared to iTunes in several sections).

http://www.flipkart.com/s/mp3help

Q: Why Flipkart has stopped selling Flyte MP3? I cannot see Flyte MP3 category in Website?
A: Flipkart has decided to stop selling digital MP3 files due to business reasons.

Makes me wonder what those could be..

• Entrance of iTunes?
• Higher % cut ask from labels?
• Lower returns than expected?
• Insufficient labels, categories?
• ...

I sincerely wish they had stayed on. Would have been a good alternative to iTunes which still appears to have a lot to learn about Indian music going by the looks of the site at the moment.

Copied from the site:

Why Flipkart has stopped selling Flyte MP3? I cannot see Flyte MP3 category in Website?

Flipkart has decided to stop selling digital MP3 files due to business reasons.