Smiths profits up as music sales go down
WH Smith's profits rose from £44 million to £76 million after restructuring by CEO Kate Swann, which cut music and DVD prominence and saw entertainment sales fall 32%.…
Music Sales
14 posts
Woolies music sales down, but sales generally up
Woolworths reports music sales continue to fall, but other sales rose, narrowing its half-year loss to £59.2 million from £66.8 million a year earlier.…
PwC predict overall decline in US recorded music sales
PriceWaterhouseCoopers forecast US recorded music revenues will fall 0.4% a year over five years, as CD sales decline and digital and mobile gains fall short.…
Bebo adds music sales via 7digital's Indiestore partnership
Social network Bebo has partnered with download company 7digital to add a music sales facility via its Indiestore platform, letting artists sell up to four tracks free.…
Global digital music sales almost double in 2006, but overall sales fall
An IFPI report says global digital music sales almost doubled in 2006 to over $2 billion, but not enough to offset falling CD sales, with IFPI pressing ISPs to act on piracy.…
British music sales up
BPI figures for the second quarter show record sales rising, with singles sales at their highest for six years and British acts making up over half of the top albums.…
Real reports good financials as music sales rise
RealNetworks reported a profitable quarter with revenues up 15 percent, helped by a settlement with Microsoft and rising music subscribers.…
Global music sales decline slows, helped by DVD
IFPI figures show global music sales fell 1.3% in the first half of the year, helped by music DVDs, though audio sales fell 2.7% and Europe declined 7.7%.…
US Trade Commission still concerned about music sales to teens
The US Federal Trade Commission praised cinemas and record labels for better child protection but says download services need better parental controls against explicit content.…
Global music sales fall faster in first half of 2003, IFPI reports
The IFPI reports global music sales fell 10.9% in the first half of 2003, a faster decline than last year, while DVD music video sales grew 46%.…
US music sales continue to slide in first half of 2003
US music shipments fell nearly 10% in the first half of 2003, with RIAA president Cary Sherman blaming illegal file-sharing, though singles sales rose.…
Jupiter Research cuts forecast for US online music sales
Jupiter Research has cut its forecast for US legal online music revenues to $3.3bn by 2008, from $5.1bn by 2007, and says piracy and competition for entertainment spending remain problems.…