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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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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Record labels need the digital  music market to take off. So why aren't they helping it any?
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Online music store launches in nine more countries.
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Thanks to the booming popularity of digital music players, its stock soars.
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Virgin becomes the first major music retailer to enter an increasingly crowded online music market.
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A look back at this year's trends that defined the digital music business.
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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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The digital music battle of the  future may not be over where music is purchased, but where and  how it is stored.
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The online retail giant finally launches song downloads, injecting a dose of competition into the digital music market.
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NEW YORK - If you've tried to buy digital music online lately, you may have noticed your options have blossomed, seemingly overnight.
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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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In a rebound year for the music business, emerging digital formats are providing a much-needed financial boost.
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Buying digital music can be confusing. On one hand, you have an alphabet soup of acronyms, all referring to varying formats. On the other hand, you have a slew of online retailers, each furiously competing for your hard-earned music dollar. And in the middle, you have an avalanche of players, each of which offer different features and work with different formats.
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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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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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NEW YORK (Billboard) - The music industry continues to build bridges between the digital and physical world.