Growth in US Music Sales Helps Slow Global Slide
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A swing to growth in US album sales and surging consumption of music on DVD helped slow the decline in first-half global sales of recorded music, the trade body for the
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A slowdown in US economic growth during the second quarter was not as sharp as previously thought, the Commerce Department reported today.
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A slowdown in the US will crimp global economic growth in 2007, a report from the OECD predicts.
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( in paragraph nine group sales in North America has been  corrected to "slipped 0.5 percent to 530,630." In paragraph 10  the year has been corrected to 2009)
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SAN FRANCISCO (Billboard) - With a possible billion-dollar  windfall at stake, U.S. music companies are eagerly awaiting  the full-blown development of the stateside ringtone market.
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A WEAK dollar and a lack of major album releases saw music giant EMI&#39;s sales slide again in the past six months. But chairman Eric Nicoli sang an uncharacteristically upbeat tune today when he said sales in
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Business & money: Britain's music shops receive badly needed good news with industry figures showing British shoppers led the world in CD purchases in 2006.
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US retail sales dipped in August and the US gap with its international trade partners widened to a record level in the second quarter of the year, government reports released on Tuesday showed.
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Music sales as we know them take another step toward obsolescence.
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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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Global CD sales in 2006 have slumped "more than expected", according to an industry report.
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Sales of music fell at a faster rate in  2007 than 2006 despite digital sales soaring, and the  gatekeepers of the Web must act if the industry is to beat  piracy, the international trade body said on Thursday.
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Led by Usher's blockbuster release  "Confessions," U.S. album sales rose nearly 2 percent in 2004  -- posting their first gain in four years even as digital music  downloads continued to explode, Nielsen SoundScan reported on  Wednesday.
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Global music sales slipped again in 2004, but after four years of declines the record publishers will see the return of growing revenues in 2005 due to online stores and music DVDs, a survey found on Monday.
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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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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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Sales of portable MP3 digital-audio players are booming and are set to generate US&#36;58 billion in revenue worldwide by 2008, according to a new study from research firm IDC.