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.

Minnesota woman loses music downloading appeal

(AP)—A woman accused of sharing songs online owes record companies $222,000 for willful copyright violations, a federal appeals court said Tuesday, reversing a lower court's ruling in a long-running lawsuit over music downloading.

Court won't reduce student's music download fine

(AP) -- The Supreme Court has refused to take up a Boston University student's constitutional challenge to a $675,000 penalty for illegally downloading 30 songs and sharing them on the Internet.

Warner Music shareholders approve sale

Warner Music Group shareholders on Wednesday approved the sale of the company to a media holding owned by Russian-born billionaire Len Blavatnik, the company said.

Minnesota song-sharing case heads for 3rd trial

(AP) -- A trade group representing the major music labels said Wednesday it will reject a reduced penalty for a central Minnesota woman found guilty of sharing 24 songs over the Internet, and will instead begin preparing ...

Judge cuts $2M penalty in MN song-sharing case

(AP) -- A federal judge has drastically reduced a nearly $2 million verdict against a Minnesota woman found guilty last year of sharing 24 songs over the Internet.

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