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Best Buy Holiday Revenues Down 1.6%; U.S. Store Sales Dip 5%
Minneapolis, Minn. - Media and electronics retail store
chain Best Buy (NYSE: BBY) said that revenues were down 1.6% during the key holiday
shopping period, to...
RealNetworks Demos Unifi Consumer Cloud Media Storage
Las Vegas - RealNetworks (NASD: RNWK) on Thursday previewed a new
personal media cloud service, called Unifi, at the Consumer Electronics Show in
Las Vegas. Expected to...
Slacker Debuts Premium Tier, iPad App, Free Radio in Canada
Las Vegas - Streaming radio service Slacker on Thursday
introduced a number of new features, including a premium paid tier and an iPad
application. Slacker Premium...
Buzz Watch: Jay Park Named Finalist for Mashable's Best Web Video...
Las Vegas - Artist Jay
Park has been named as a finalist in the "Best Web Video" and "Must-Follow Personality" categories for the Mashable
Awards. Park...
German Court: RapidShare Doing Enough to Combat Piracy
Los Angeles - A German court has ruled that Swiss
file-hosting service RapidShare is making sufficient efforts to combat
copyright infringement, dismissing claims from game publisher...
Report: U.S. Music Sales Dip 2.4% in '10; Digital 46% of...
*A correction was made to this story.
New York - U.S. music sales fell 2.4% in 2010 to 1.5
billion units, as CD sales...
U.K. Media Retailer HMV to Shutter 60 Stores
London - After holiday sales fell 10%, U.K.-based media
retail store chain HMV said it will shutter 60 of its stores over the next
year, the...
Swedish Digital-only Record Label X5 Music Gets $9.1 Million
Stockholm, Sweden - X5 Music, a digital-only record label
based in Sweden, has received a $9.1 million investment from Northzone
Ventures, TechCrunch reported.
X5's catalog includes some...
Universal Music Loses Promo CD Copyright Suit Against Re-seller
San Francisco - The U.S. Ninth Circuit Court of Appeals has
ruled that consumers have a right to re-sell "promotional" CDs
distributed for free by record...
RootMusic Gets $2.3 Million to Create Facebook Band Pages
San Francisco - RootMusic, the developer of an application
that helps bands create Facebook pages, has raised $2.3 million in venture
capital financing.
Details on investors...
