Album Sales Up for First Time in 4 Years
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The music industry reversed a four-year decline as album sales rose slightly in 2004 while overall music sales spiked thanks to a huge increase in digital track sales, according to Nielsen SoundScan.
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Rock group Bon Jovi top the US album charts for the first time since 1988.
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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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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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Sales of legally downloaded songs shot up more than tenfold in 2004, a music industry report says.
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The market for digital music on the Internet and mobile phones boomed in 2004, according to a report released Wednesday that showed the global recording industry collecting significant revenues from the segment for the first time.
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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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Consumers battered by a multitude of economic woes came roaring back in November, pushing retail sales up by the largest amount in four months.
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Sales of song downloads overtook those for physical singles for the first time at the end of 2004.
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Californian band Maroon 5's first album in four years has gone straight to the top of the US album chart.
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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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For the first time, sales top $1 billion in one quarter, researcher says.
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Sales of music-related DVD's are on the rise, a welcome piece of news for major labels still suffering from declines in CD sales.
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UK record companies are celebrating their best ever year for album sales, with 237 million sold in 12 months.
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New music industry data show the number of U.S. albums sold last year tumbled 9.5 percent from 2006, even as the number of digital tracks sold soared by 45 percent.
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In a preliminary report, I.B.M. said its fourth-quarter earnings from continuing operations rose 24 percent from a year ago, beating Wall Street expectations by a wide margin.
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Bob Dylan reached the top of the   U.S. albums chart for the first time in 30 years, and only the   fourth time in his career, according to sales data issued on   Wednesday.