US music sales slow global slide
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A swing to growth in US album sales and surging consumption of music on DVD helped slow the decline in first-half global sales of recorded music, the trade body for the world&#39;s largest record companies said Thursday.
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US retail sales fell last month, official figures show, the latest indication that the economy is under pressure.
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U.S. specialty apparel retailers have  experienced slow sales growth over the first 20 days of the  holiday shopping season, according to data released on Sunday  by SpendingPulse.
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Lower car sales in August resulted in a 0.3 per cent dip in overall retail sales in the United States during the month following a rise of 0.8 percent in July, the US Commerce Department reported on Tuesday.
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Album sales have continued their downward slide this year, but sales of digital tracks are up almost 50 percent over this time last year.
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LONDON -- Record companies' revenue from digital music sales rose 40 percent to $2.9 billion over the past year, but the growth is still failing to cover losses from collapse of international CD sales, the music industry's global trade body said Thursday.
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The globe-spanning Live Earth pop  music extravaganza fell flat for television viewers in the  United States and Britain, drawing far smaller audiences than  the Princess Diana tribute concert a week earlier.
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Global music sales are showing signs of recovery for the first time in four years thanks to DVD sales.
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After a two-week streak during which the album selling periods of Christmas 2004 and New Year's Day 2005 looked stronger than their counterparts of a year ago, this week gives the appearance that the year's first sales week came up a loser, down almost 28% from the start of 2004.
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Apple denies a report which claims US sales from its iTunes Music Store fell 65% in the first half of 2006.
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Dow Jones Industrial Average stocks slipped in Europe before a US government report that economists expect will show retail sales slowed last month.
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Record companies' revenue from digital music sales rose 40 percent to $2.9 billion over the past year, but the growth is still failing to cover losses from collapse of international CD sales, the music industry's global trade body said Thursday.
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Physical CD sales continue to drop, but sales of digital music are surging, according to data from Nielsen SoundScan. Digital music sales increased by 49 percent to 417 million.
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BEIJING, Dec. 14 -- Sales at US retailers may have fallen in November as consumers took a break after spending at the fastest pace in almost three years, economists said in advance of yesterday&#39;s Commerce Department report.
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After a string of strong years, U.S.  auto sales are slowing and an increasing number of forecasts  say sales could fall next year to their lowest in nearly a  decade, the Wall Street Journal reported on its Web site on  Monday.
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After a string of strong years, U.S. auto sales are slowing and an increasing number of forecasts say sales could fall next year to their lowest in nearly a decade, the Wall Street Journal reported on its Web site on Monday.
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New music industry data show the number of U.S. albums sold last year tumbled 9.5 percent from 2006, even as the number of digital tracks sold soared by 45 percent.