Music sales bounce back
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Rumors of the death by piracy of the global music industry may have been exaggerated. The International Federation of the Phonographic Industry (IFPI) said Thursday
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Retail sales posted a surprising rebound in January following a dismal December, although much of the strength reflected rising gasoline prices. Economists saw the increase as a temporary blip rather than a sustained recovery.
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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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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
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Online music sales in Europe and the United States rocketed in 2004, with a tenfold increase to more than 200 million downloaded tracks purchased, a recording industry body said.
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Not a bad start. That goes for  both the holiday selling season and the return to duty by a  certain recording artist.
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U.S. sales of digital music albums  grew by 60 percent in the first six months of 2007 but failed  to offset the rapid sales decline of compact discs, according  to data from Nielsen SoundScan.
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Digital music, distributed online or by mobile networks, accounted for $2.9 billion in sales worldwide, up from $2.1 billion a year earlier, the industryâs international trade group said.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent. It was the best showing since March...
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Business & money: Sales back into positive territory after double-digit decline suffered earlier this year.
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U.S. album sales in 2004 were up for the first time in four years, in a 52-week comparison with 2003, according to Nielsen SoundScan.
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Booming online music sales will help the record industry recover - but not until 2011 warns a report.
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LONDON: EMI, the world&#39;s third-largest music group, reported a drop in first-half profits on Friday but said the beleaguered industry was rebounding as online music sales start to take off.
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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.
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Retail sales rebounded in May after a slight fall in April, buoyed by strong demand for household goods, official data showed Thursday.
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Retail sales in Britain rebounded by 0.6 percent in August, buoyed by higher sales in food, department and clothing stores, defying expectations of a second monthly decline.
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Sales of MP3 players are rocketing, fuelled by falling unit prices, integration of MP3 support into a wider range of devices and the creation of legal music download websites.