Music business ends year on another weak note
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Just when it seemed erosion of music  sales during the holiday season couldn't get worse, December  snowstorms compounded the retail industry's misery.
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Music sales fell faster in 2007 than 2006 due to a sharp fall in CD sales and competition from illegal file sharing.
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The Number Two online music retailer reports record downloads to close out 2007.
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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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Country music fans continue to be a fickle bunch. Country sales were up 12 percent last year, with three albums among the year's overall top sellers &#151; a good year on Music Row.
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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 physical and digital albums tumbled to 500.5 million units, as the music industry was pillaged by piracy and competition from other forms of entertainment like videogames.
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Don't tell Avril Lavigne about this year's lackluster concert season.
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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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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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There was no major-league  comeback to rival Mary J. Blige's 2006 breakthrough or Mariah  Carey's 2005 emancipation. And hip-hop sales overall weren't  anything to write home about. But R&B/hip-hop in 2007 still  managed to chime in with several headline-making notes.
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Even industry insiders see weakness until 2009.
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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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From Coldplay to Outkast, the music industry is anticipating a year of major releases.
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The nationâs retailers wrapped up the weakest sales year since 2002, according to a gloomy report that fanned fears of a recession.
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Shuffle Master posts solid growth, though outlook disappoints.
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The old music industry is dead. It just doesn't know it yet.