Digital song downloads slipped further in first half of year

Digital downloads of songs continued to fall out of favor with Americans in the first half of the year, while free and paid music-streaming revenue kept growing, even without much of a bump from the launch of Apple Music.

2014 music business flat as streaming offset CD sales drop

The U.S. retail music business was essentially flat in 2014 as growth in streaming revenue helped offset further decline in sales of CDs, a report from the Recording Industry Association of America said Wednesday.

Subscriptions woo fans back from pirated music

Fans are increasingly willing to pay for digital music through subscription streaming services rather than downloading it illegally for free, according to an upbeat report published on Tuesday.

China Telecom profit rises after it offers iPhone

State-owned China Telecom, the country's third biggest mobile phone operator by subscribers, said Wednesday that profits grew in the first half of the year as revenue from iPhone sales kicked in.

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