Music biz sales off for a seventh year: study
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The global recorded music market fell  for the seventh consecutive year in 2006, and the slide is  accelerating in 2007, according to figures published by a music  trade group.
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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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So far 2008 has not been a good year for music sales. This week Alicia Keys, below, stays atop the Billboard chart with âAs I Amâ (J), but the number of copies that CD sold is barely above the historic low for a No. 1 album. Nielsen SoundScan reported that 61,000 copies of the album sold last week; the least number of weekly sales for No. 1 is 60,000, set by the âDreamgirlsâ soundtrack a year ago. (The numbers are rounded.) This week the âJunoâ soundtrack (Rhino) is at No. 2 with 58,000, Mary J. Bligeâs âGrowing Painsâ (Geffen) is No. 3 with 52,000, and Radioheadâs âIn Rainbowsâ (ATO) is next with 46,000. The R&B singer Raheem DeVaughn opens at No. 5 with 45,000 sales of âLove Behind the Melodyâ (J) and John Legendâs new âLive From Philadelphia,â available only through Target, reached No. 7 with 33,000.
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Selling songs over the Internet in Western Europe will explode to a 3.5 billion euros a year market by 2009, a new survey found on Tuesday.
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( in paragraph nine group sales in North America has been corrected to "slipped 0.5 percent to 530,630." In paragraph 10 the year has been corrected to 2009)
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Businesses are expected to be less willing to open their wallets for new technology in 2007.
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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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Music sales last year are expected to be down by 10% despite the growing popularity of the digital music market.
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LOS ANGELES (Billboard) - Because of the way the calendar  breaks, album sales are trailing 2004 in the early weeks of the  new year, but a rapper named the Game could help even the  score.
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Sales of music fell at a faster rate in  2007 than 2006 despite digital sales soaring, and the  gatekeepers of the Web must act if the industry is to beat  piracy, the international trade body said on Thursday.
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EMI Group PLC, one of the world's largest music companies, warned Monday that its full-year sales and profits will be below expectations because of the delayed release of two key albums and market weakness in the fourth quarter. Its shares fell 16 percent.
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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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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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An entertainment industry group says activity on legal music and video services has dropped for the first time.
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"Oldies" music remains popular among many generations, which could present a window of opportunity for record companies in Europe to take advantage of royalties terms expiring after 50 years. Today, the EC may be looking to shut that window.
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LOS ANGELES (Billboard) - The holiday mood at independent  music retailers is one of cautious optimism, despite Nielsen  SoundScan numbers showing that overall sales at U.S. indie  merchants were down 7.1% from last year as of Nov. 28.
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The music industry reversed a four-year decline as album sales rose slightly in 2004 while overall music sales spiked thanks to a huge increase in digital track sales, according to Nielsen SoundScan.