Streaming has become for the first time the top money-maker for the US recorded music business, but it has struggled to offset falling CD sales and downloads, industry data showed Tuesday.
The rapid growth of streaming and sensational success of Adele triggered a rebound of overall music consumption last year in the United States and Britain, industry trackers said Wednesday.
Months after ending its tradition of CD sales, coffee giant Starbucks confirmed the rapid growth of music streaming as it announced a partnership with Spotify.
Streaming has topped CD sales in revenue for the first time in the United States as music listeners flock to on-demand services and Internet radio, industry figures showed.
Global music revenues fell 3.9 percent to $15 billion in 2013, pulled down by a sharp decline in compact disc sales in Japan.
The issue of intellectual property rights in the music industry remains a hot topic, and the debate seems to intensify every time technological advances are made. A new doctoral thesis from the School of Business, Economics ...
(AP) -- All that tweeting and sharing of photos on Facebook could finally have a tangible reward: free music.
(AP) -- If you think people who pre-pay their cellphone bills aren't the type to shell out for music these days, think again.
(AP) -- Billionaire Len Blavatnik is spending $1.3 billion to buy Warner Music Group Corp. a decade into a steep decline in CD sales for the music industry.
(AP) -- The head of Warner Music Group expressed hope on Tuesday that the recent "fracas" over the price of e-books would help give content creators such as his company more pricing power over device makers.