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Physical CD sales are to decrease in 2012 while digital increases.

According to a study done by Strategy Analytics, physical CD sales are expected to drop 40 percent in 2012 to $2.7 billion. On the flipside, digital music sales are expected to hit $2.8 billion in 2012, a 17 percent increase...
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Backplane raises $4.5m for ambitions beyond Lady Gaga site

Backplane has raised $4.5m in a Series A funding round that includes VC firms Sequoia Capital, Greylock Discovery Fund and Battery Ventures, joining existing backers Google Ventures, Menlo Ventures and SV Angel.
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NPR Music iPad app goes live with streaming music

US public radio firm NPR has launched a new iPad app focused on music. It's called NPR Music, and is a free download from the App Store.
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More than half of smartphones sold in Q4 2011 were Android handsets

Gartner estimates tha t149m smartphones were sold globally in Q4, up 47.3% year-on-year.
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NPD Group predicts Android smartphone boom in emerging markets

A report from NPD Group claims that 340m 'low-cost' Android smartphones will be sold in 2015, with handsets that cost $150 or less going down a storm in Africa, India and China.
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Exfm raises $1.5m and passes 300k active users

Music discovery service Exfm has raised $1.5m from VC firm Spark Capital, following a big increase in the number of people actively using the service.
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Apple’s iCloud now has 100m users

Apple CEO Tim Cook made a keynote speech at a conference organised by Goldman Sachs yesterday - a rare appearance by an Apple exec at another company's event.
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Zynga reports $1.14bn of revenues for 2011

Social games giant Zynga has announced its first financial results since going public, reporting revenues of $311m for the fourth quarter of 2011, and $1.14bn for the year as a whole. The company posted a whopping loss of...
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CBC launch music portal and iPhone app

CBC, Canada’s public broadcaster, has followed in the footsteps of its NPR and BBC cousins and have launched its own music portal, in addition to an iPhone app. Though much of the content is a consolidation of its existing...
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1bn smartphones by 2016 says Forrester

More than one billion people will own smartphones by 2016.
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100k registered users for Mobile Backstage apps

Finnish apps startup Mobile Backstage says its service has signed up more than 100k registered users on mobile phones since the launch of its first apps, with those users registering 4m 'interactions' in 2011 and 92m page...
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Music apps proving popular on Google TV

Market analysis firm Xyologic has been crunching the numbers on the Google TV platform, figuring out which apps have the highest install base on the interactive TV service.