Album sales down, digital track sales up
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Album sales have continued their downward slide this year but sales of digital tracks are up almost 50 percent over this time last year.
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Sales of singles in the UK show signs of recovery as the music industry as a whole grows, figures show.
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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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Rapper Flo Rida's "Low" led  Billboard's Hot 100 singles chart for a second week Thursday,  setting a new record for digital sales.
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LONDON (Billboard) - 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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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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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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Warner Music Group Corp  on  Friday posted a fourth quarter profit helped by gains from  litigation against online music service Kazaa, but sales fell  due to a weak release schedule compared with a year ago.
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A study into online music piracy suggests record sales in the US have fallen because of online piracy.
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LONDON  - British music group EMI reported a fall in interim profits as sales dropped by 11.4 percent, reflecting a release schedule skewed towards the second half and the strength of sterling.
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Music sales as we know them take another step toward obsolescence.
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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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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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After two years of falling sales, the  music and video retail market is set for a boost as tech-savvy  buyers embrace digital downloading, according to a report on  Thursday by retail analysts.
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Global music sales are showing signs of recovery for the first time in four years thanks to DVD sales.
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As physical CD sales continue their  free fall, digital downloads again reached record sales figures  for the year.
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Global sales of recorded music slid 1.3 percent in the first half of 2004, but the rate of decline was slower than in previous years, a leading industry group said Thursday.