Digital music sales 'to nearly equal CDs next year'

Compact discs accounted for 65 percent of US music sales in the first half of 2009 but digital downloads are expected to nearly equal CD sales by the end of next year, market research firm NPD Group said Tuesday.

Swedish music sales 'boosted by Spotify'

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.

Review: Ping a handy iTunes add-on with promise

(AP) -- Apple Inc.'s new music-discovery feature, Ping, is a potentially useful addition to iTunes. With it, you can see what songs your friends are buying and recommend some of your favorites to them.

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.

Spotify mulls a 'paid only' option for new music releases

Music-streaming giant Spotify is toying with the idea of allowing musicians to reserve new releases for paying subscribers, although it balked at doing so for Coldplay's latest album, according to a person familiar with the ...

When it comes to music, Sweden goes up stream

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.

Warner Music CEO looks 'beyond iTunes' amid losses

(AP) -- Digital download sales growth slowed further for Warner Music Group Corp. in its fiscal third quarter, prompting CEO Edgar Bronfman Jr. to say Thursday that the company was looking "beyond the iTunes model" to return ...

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