British music retailer HMV, which was launched by English composer Edward Elgar in 1921 and helped propel the Beatles to fame, collapsed into administration on Friday as consumers switch to digital streaming in droves.
Business
Dec 28, 2018
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6
Senegalese-American rapper Akon announced Saturday he would purchase 50 percent of African music download service Musik Bi, as the platform struggles to gain a foothold after its launch 18 months ago.
Business
Jul 15, 2017
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13
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.
Business
Mar 22, 2016
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9
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.
Business
Sep 21, 2015
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25
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.
Internet
Mar 10, 2014
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0
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.
Business
Jan 4, 2013
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0
(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.
Internet
Sep 11, 2012
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0
An 18-year-old Slovak is facing up to five years behind bars for posting links sharing pirated movie downloads on the Internet, police in the capital Bratislava said in a statement Friday.
Internet
Jul 13, 2012
1
0
A European Union court ruled Thursday that social networking sites cannot be compelled to install general filters to prevent the illegal trading of music and other copyrighted material.
Internet
Feb 16, 2012
1
0
(AP) -- Users of the file-sharing website Megaupload who feared their data could be deleted as early as Thursday have a reprieve after a nonprofit group stepped in at the eleventh hour.
Internet
Feb 1, 2012
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0
A music download refers to the transferring of a music file from an Internet-facing computer or website to a user's local computer. This term encompasses both legal downloads and downloads of copyright material without permission or payment if required.
Popular examples of online music stores that sell digital singles and albums include the iTunes Store, Amazon MP3, and eMusic. Paid downloads are sometimes encoded with Digital Rights Management that restricts making extra copies of the music or playing purchased songs on certain digital audio players.
Digital music sales now generate around $2 billion in revenue, with tracks available through 500 online services located in 40 countries, representing around 10 percent of the total global music market. Around the world in 2006, an estimated five billion songs, equating to 38,000 years in music were swapped on peer-to-peer websites, while 509 million were purchased online.
This text uses material from Wikipedia, licensed under CC BY-SA
