EMI&#39;s download music sales soar
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EMI has seen download music sales rise by almost 600% in the six months to the end of September, and says they are becoming a major part of its business.
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Sales of song downloads overtook those for physical singles for the first time at the end of 2004.
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Global online music sales rocketed in 2004, with a tenfold increase to more than 200 million paid-for downloaded tracks, a recording industry body said.
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Apple announced yesterday that over 200 million songs have been sold via the iTunes online music store. According to Eddie Cue, Appleâs VP of Applications, the amount of sales/downloads from iTunes has vastly accelerated since its launch in April 2003.
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EMI, the worldâs third-biggest music company, today said trends in the global music market were improving, despite posting a drop in first-half profit.
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In a bold move to pave the way for more widespread licensing of music publishing rights, EMI Music Publishing and Sony BMG Music Entertainment have entered an umbrella
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Buyers turned up in millions to grab their copies of the DVD and VHS&#39; of Mel Gibson&#39;s &quot;The Passion of the Christ&quot; as they went on sale in markets on Tuesday.
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Storage maker EMC&#39;s profit increased dramatically compared to last year&#39;s third quarter, lifted again by continued growth of its VMware subsidiary and EMC&#39;s recent sale of a slice of the company.
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Eminem's new album debuted atop the charts, following a decision by the rapper's record label to move up the album's sale date amid piracy concerns.
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Online music stores broke into the  mainstream in 2004, with more than 200 million tracks sold in  the United States and Europe, a tenfold increase from the  previous year, according to data released on Wednesday.
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EMI, the world&#39;s third-largest music group, has reported a 7 percent drop in first-half profits but says the beleaguered industry is rebounding as digital music sales start to take off.
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Online music stores broke into the mainstream in 2004, with more than 200 million tracks sold in the United States and Europe, a tenfold increase from the previous year, according to data released on Wednesday.
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Thanks to the booming popularity of digital music players, its stock soars.
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Following an agreement with Universal late last month, SpiralFrog has struck a deal to bring EMI's catalog of musical arists to the advertising-supported music store. The publisher is the world's largest, and adds many top artists to the new service.
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NEW YORK (Billboard) - In a bold move to pave the way for  more widespread licensing of music publishing rights, EMI Music  Publishing and Sony BMG Music Entertainment have entered an  umbrella agreement that sets working guidelines for clearing  rights to new digital music delivery opportunities on phones,  PCs, digital cable systems and emerging physical  configurations.
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EMI Group Plc., the world&#39;s  third-largest music company, is expanding its strategy to sell  digital music without copy-protection software to more retail  sites through a deal with PassAlong Networks.
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EMI overcame an 11.4 per cent fall in sales to deliver increased profits and margins in the six months to the end of September, it announced yesterday.