Chart-toppers Ludacris, Janet suffer lower sales
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Rapper Ludacris scored his third No. 1 on the U.S. pop album charts Wednesday, while Janet Jackson's new release opened with her lowest numbers in almost a decade, Billboard reported.
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Music is still a big force in pop culture, but the music businessâs own comeback attempt is falling flat.
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ATLANTA - The Coca-Cola Co. is lowering its long-term targets for earnings and growth in sales volume amid continuing weakness in key markets.
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In a dismal year for the touring  industry, with ticket prices soaring and seats going unsold,  music fans in North America partied like it was 1989 as Prince  and Madonna topped the concert box office.
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U.S. album sales were down 4.2 percent in the first half of the year, but sales of music downloaded online soared 77 percent, according to industry figures.
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NEW YORK (Billboard) - Two popular rap acts occupied the top two spots on the U.S. album charts Wednesday, with the Game's "Doctor's Advocate" coming in at No. 1.
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Despite a double-digit sales slump and mounting public criticism, rap has not lost its ability to create monster hits Â but the fresh-faced artists who make them seem to disappear by the time the next smash registers on the charts.
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Sales at Apple's online music shop iTunes Music Store fell off a cliff in the first six months of 2006, according to a recent survey.
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After painfully slow sales last month, the music industry finally has a hit: âSleep Through the Staticâ (Brushfire), by Jack Johnson, above, sold 375,000 copies last week â more than six times the sales of the top album the week before â to reach No. 1 on the Billboard chart. It set a record for the most digital sales in a single week, with 139,000 copies, or 37 percent of its total, according to Nielsen SoundScan. In a week busy with high-profile releases, Sheryl Crowâs âDetoursâ (A&M) opened at No. 2 with 92,000 sales; Lenny Kravitz moved 73,000 copies of âIt Is Time for a Love Revolutionâ (Virgin) to bow at No. 4; and K. D. Lang is No. 8 with her new âWatershedâ (Nonesuch), selling 41,000. Last weekâs No. 1, Alicia Keysâs âAs I Amâ (J), dropped two spots with 80,000. Any sales bumps after last Sundayâs Grammy Awards would be reflected in next weekâs chart.
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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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Music sales last year are expected to be down by 10% despite the growing popularity of the digital music market.
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With "Desperate Housewives" as  competitors, the Grammy awards on Sunday drew their lowest  total viewership in a decade and also fell sharply among the  audience of 18- to 49-year-olds most coveted by advertisers,  according to preliminary figures released on Monday.
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Rookie rapper Flo Rida's "Low"  featuring T-Pain led Billboard's Hot 100 singles chart for a  third week, while Alicia Keys' "No One" held at No. 2.
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Warner Music Group Corp., home to recording artists such as Red Hot Chili Peppers, James Blunt and Daniel Powter, said Thursday its first-quarter profit fell 74 percent due to fewer albums released during the period and soft domestic and European sales. Its shares fell nearly 5 percent.
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TORONTO (CP) - Earnings warnings from Celestica and Coca-Cola along with a slowdown in US industrial production sent stock markets lower Wednesday.
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After failing to crack the million  mark with her last two albums, Janet Jackson is wary of using  the "c" word to describe her upcoming release, "Discipline,"  which hits stores on February 26.
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In a dismal year for the touring industry, with ticket prices soaring and seats going unsold, music fans in North America partied like it was 1989 as Prince and Madonna topped the concert box office.