UK digital sales still growing
The BPI has announced that more digital albums have already been sold this year than last year, with two months still left to go. According to Official Charts Company data released by the trade body, over 21.3 million digital albums have been sold so far this year, meaning 2010 sales levels have already been beaten. Digital albums now account for 26.2% of all album sales, up from 17.5% in 2010.
Odd Futures axed in NZ
Promoters of the Big Day Out festival in New Zealand have axed the Odd Future posse from the line-up of their Auckland date after complaints about the hip hop group's homophobic lyrics.
Live Nation profits up
Live Nation saw revenues decline year-on-year in the summer quarter but profits were up. Revenue was down 2.5% to $1.79 billion for the quarter ending 30 Sep 2011, but net income was up 1.4% to $51.7 million. Perhaps more importantly, the company is having a profitable year - nine months into the current financial year profits stand at $16.5 million, them having made losses of $228.4 million in the previous financial year.
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