British Music Industry Gets Boost From Online Sales
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Though CD sales are down in the UK, a large increase in music downloads is picking up the slack.
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British music label EMI will cut up to 2000 jobs to increase Internet sales by promoting digital music, and boost its roster of talent.
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Some performers are finding that early success online can turn into an album contract.
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Online music store launches in nine more countries.
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Mika heads the UK singles and albums charts despite a boost in sales for acts seen performing at the Brit Awards.
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EMI, the worldâs third-biggest music company, today said trends in the global music market were improving, despite posting a drop in first-half profit.
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By Anonymous  Online music stores cheered at EMI's decision to sell their music free of digital rights management (DRM) software. The move will help stores cash in on digital music sales.
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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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Sales of the clip outnumber those of the tune or the disc, giving a new boost to the artist.
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Global online music sales rocketed in 2004, with a tenfold increase to more than 200 million paid-for downloaded tracks, a recording industry body said.
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Consumers may not be getting what they think when they pay to download music. After years of resisting the inevitable, the music industry has responded to the music download phenomenon by offering music in digital formats through online stores.
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A greater proportion of silver discs go to UK acts on independent labels than ever before, an industry body claims.
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LONDON -- Record companies' revenue from digital music sales rose 40 percent to $2.9 billion over the past year, but the growth is still failing to cover losses from collapse of international CD sales, the music industry's global trade body said Thursday.
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The drive to develop legal peer-to-peer online music services, where consumers share songs over the internet, received a boost this week when three of the four major record
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Music download sales nearly doubled during Christmas 2007, claimed U.K. record label trade group, the BPI last week.
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EMI has seen download music sales rise by almost 600% in the six months to the end of September, and says they are becoming a major part of its business.
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Business and charities in the UK have joined forces to persuade more people to go online.