Music Industry Upbeat Over Online Sales
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The theme song isn't quite "Happy Days are Here Again," but almost. Music industry veterans, after several years of worrying about how illegal Internet downloads could threaten their business, are humming a decidedly upbeat tune these days.
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The music industry continues to  build bridges between the digital and physical world.
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In spite of the reports in media that selling music online is not as profitable a deal, as it looks like, there is no shortage of the new entrants.
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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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Major record corporations say that a licensed file-sharing system could bolster their position in their fight against piracy as well as increase digital music sales.
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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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Online retailers had a better-than-expected start to the holiday season, according to one Internet research firm that tracks online sales.
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A swing to growth in U.S. 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 world's largest record companies said on Thursday.
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The U.S. music industry is becoming  more open-minded about working with online music stores from  the tiniest start-up to Amazon.com, hoping to boost digital  music sales and erode the dominance of Apple Inc&#39;s iTunes.
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Thanks to the booming popularity of digital music players, its stock soars.
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U.S. album sales were down 4.2 percent in the first half of the year, but sales of music downloaded online soared 77 percent, according to industry figures.
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EMI signalled today it was winning the war against piracy after sales of downloaded music surged six-fold over the summer. The group unveiled profits of Â£36.9million for the six months to September 30, up 9% on a year ago.
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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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More online shoppers are happy with their Web-buying experiences this year, according to Foresee Results --  and holiday spending on the Web is up 19% over 2006 levels.
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Music sales last year are expected to be down by 10% despite the growing popularity of the digital music market.
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Digital music, distributed online or by mobile networks, accounted for $2.9 billion in sales worldwide, up from $2.1 billion a year earlier, the industryâs international trade group said.
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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.