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.
Fueled by the popularity of streaming, digital music has matched and will likely soon surpass physical formats in the money it generates, a global industry group said Tuesday.
The Billboard chart, the benchmark for US music sales, will next week start to include streaming in its measurements to reflect the rapid growth of services such as Spotify.
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)—In an odd combination of old and new, Amazon says that every time a person buys a vinyl record from its online store, it will give that customer a digital version of the songs for free.
US music industry sales held nearly steady in 2012 as gains from digital subscription services offset further declines in physical disc sales, an industry survey showed Wednesday.
Despite being home to a vibrant community of file-sharing activists, Sweden is at the forefront of a global recovery in music sales driven by streaming music services such as Spotify, industry observers say.
Music sales in Sweden rose last year thanks to the growing popularity of music streaming service Spotify, the country's music industry body said, offering hope to a sector battered by file-sharing.
Music sales in the United States hit a new high in 2012 powered by demand for digital downloads, according to figures released Friday by industry tracker Nielsen.