Global Digital Music Market Boomed in '04
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The market for digital music on the Internet and mobile phones boomed in 2004, according to a report released Wednesday that showed the global recording industry collecting significant revenues from the segment for the first time.
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While digital music revenues will grow to be eight per cent of the total European music market by 2009, the CD will remain the bedrock of music sales, according to a new report by market analysts Jupiter Research.
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EMI, home to artists such as Robbie Williams, Radiohead and Norah Jones, reported explosive growth in digital music sales yesterday and said it was winning the battle against piracy.
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DRM-free at last? Amazon looks set to plough into the digital music market next year. The retailer started romancing music labels last week.â¦
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CUPERTINO, CaliforniaâOctober 14, 2004âAppleÂ® today announced that music fans have purchased and downloaded more than 150 million songs from the iTunesÂ® Music Store, marking another major milestone for the online music business.
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| December 20, 2004. With digital music players and digital cameras being two of the hottest sellers in consumer electronics, it&#39;s a wonder that it has taken so long for hardware makers to marry the technologies.
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From Coldplay to Outkast, the music industry is anticipating a year of major releases.
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2004 in review It wasn&#39;t quite the &#39;Year of Digital Music&#39;, but 2004 certainly paved the way for 2005 to take that title.
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Apple has done extremely well in the digital music market. They sell the largest number of portable digital music player in the form of iPod and they sell even more songs on their music store iTunes.
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By Kevin Maney  The online digital music business stinks.    ITunes, Rhapsody, Zune Store, Napster -- you name it. They're all failures.    The hype has people believing otherwise.
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NEW YORK, United States  - It can store 10,000 songs, but weighs mere ounces, slips easily into a pocket, and has flown off the shelves as one of the most desirable Christmas gifts of 2004: Apple&#39;s iPod digital music player seems to be every hip
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The U.S. music industry is becoming more open-minded about working with online music stores from the tiniest start-up to Amazon.com, hoping to boost digital music sales and erode the dominance of Apple Inc's iTunes.
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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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CANNES, France  - Away from the headlines of job  losses, grumbling artists and falling global sales, the music  industry is trying new business models to boost digital sales  and offset the decline in CDs.
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British entrepreneur Richard Branson is aiming for a piece of the digital-music market, launching Virgin Digital in the US The online Megastore will offer music-download fans about one million songs from which to choose, at 99 cents each.
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CANNES, France  - Away from the headlines of job losses, grumbling artists and falling global sales, the music industry is trying new business models to boost digital sales and offset the fall in CD sales.
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In a rebound year for the music business, emerging digital formats are providing a much-needed financial boost.