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Digital music sales surpass physical sales for first time

2015-04-15 10:13:00| Telecompaper Headlines

(Telecompaper) Global revenues from streaming and subscription music services helped digital music sales overtake physical sales for the first time in 2014, according to data from the International Federation of the Phonographic Industry (IFPI). Overall digital revenues rose around 7 percent to USD 6.85 billion, while physical sales dropped 8 percent to USD 6.82 billion. Each category represented around 46 percent of the market, with performance and film rights accounting for the remaining revenues. The industry's overall global revenues in 2014 remained flat at USD 14.97 billion, said the IFPI. In the digital music category, a sharp 39 percent increase in subscription revenues offset an 8 percent decline in download sales.

Tags: time music sales digital

Connection Day digital freebies: Free music, apps, movies, TV & inflight WiFi

2014-11-24 00:52:00| Wireless - Topix.net

While millions of Americans scour the latest Black Friday ads trying to find the best bang for their holiday bucks, a new "holiday" may help budget minded shoppers score a few steals-and-deals this holiday season, for free! According to a NBC Turn to 10 report published on Nov.21, Connection Da y is Nov. 26, 2014, a special day created by the folks at Verizon Wireless. In the spirit of giving, the company will be giving away a nice selections of digital freebies .

Tags: free day music digital

Millicom launches digital music initiatives for Africa

2014-09-24 16:59:00| Telecompaper Headlines

(Telecompaper) Millicom has unveiled Tigo Music and Africa Music Rights, two initiatives to introduce its digital music experience in Africa. Tigo Music launches across Millicom's African operations, starting in Ghana in the fourth quarter. Bundled as part of pre-paid data plans, the service will offer unlimited music streaming with instant access to a library of more than 30 million songs. Tigo Music is already present in Latin America with 600,000 subscribers. Millicom has also formed a partnership with one of Africa's leading digital music companies, Africori, to fund, acquire and manage music rights through "Africa Music Rights" (AMR) to which Millicom will contribute a significant majority of the initial investment. AMR will serve the whole continent, where 70 percent of music consumed is locally produced, and will invest in rights directly from artists, writers, micro-labels and others. Key areas for growth include South Africa, Nigeria and Kenya as well as Millicom's six Tigo markets. Africori contributes to the venture Coolspot, one of South Africa's leading independent labels. It has a catalogue of over 11,000 songs spanning 25 years and includes more than 70 gold and platinum releases from high-profile South African legacy artists such as Oleseng and Sammy Malete.

Tags: music digital africa initiatives