In first, streaming the top money maker in US

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.

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.

Microsoft beefs up Xbox ahead of major E3 event

Microsoft on Tuesday unveiled an Xbox One console with double the memory space that will hit the market as the Electronic Entertainment Expo (E3) video game extravaganza gets under way next week.

Neil Young unveils high-definition music player, store

Singer-songwriter Neil Young announced plans Monday to launch a high-definition portable music player and download service, saying it will improve the experience of listening to digital music on the go.

Walmart closing online music store

American retail giant Walmart will close its online digital music store, Walmart MP3 Downloads, at the end of the month, a spokesman for the company said.

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