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...
Digital Music Sales Reach $945 Million During First Half Of 2006
According to the latest numbers from the International Federation of the Phonographic Industry (IFPI), Digital music sales have continued to grow, in revenue and as a percentage of overall music sales. During the first half of the year, digital music sales grew 106 percent compared to the same period last year to reach $945 million. Digital sales now account for 11 percent of the recorded music market worldwide, up from 5.5 percent in...
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