RIAA Releases Mid-Year Sales Numbers – 6.1% Decline From Last Year
The Recording Industry Association of America (RIAA) announced its mid-year shipment data for the first half of 2006. The overall estimated retail value of the industry, when shipments of physical products to various outlets are combined with the estimated value of digital revenue streams, was $4.9 billion during the first half of 2006. That represents a 6.1 percent decline when compared to the first six months of 2005. On the digital...
Visa Ends Relationship With AllofMP3
Pressure mounted on the cut-rate Russian download destination AllofMP3.com when Visa International suddenly ended their relationship. The credit card company has now refused to honor purchases on the store, citing intellectual property infringement concerns raised by a number of music industry trade groups, all of whom are rallying to shut down the Russian arrogant company. Even the US Goverment is tightening the screws. US Trade...
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