Apple's ITunes Reaches 10 Billion

Apple's ITunes Reaches 10 Billion

Apple's ITunes Reaches 10 Billion
Johnny Cash's "Guess Things Happen That Way" became the 10 billionth song downloaded at Apple's iTunes store on Feb. 25. To mark the milestone, iTunes released its most-downloaded songs of all time with GRAMMY winners the Black Eyed Peas' "I Gotta Feeling" topping the list, followed by GRAMMY winner Lady Gaga's "Poker Face" and the Peas' "Boom Boom Pow." Other artists making the list include Beyoncé, Journey, Jason Mraz, and Taylor Swift, among others. (2/26)

Sirius XM Radio Reports First Quarterly Profit
Sirius XM Radio has reported its first quarterly profit since the Sirius Satellite Radio and XM Satellite Radio merger with a fourth-quarter profit of $14.2 million. Total subscribers grew to 18.8 million with 257,000 added during the quarter and company revenue increased 6 percent to $684 million. (2/26)

Russian Music Industry Down 15 Percent In 2009
The Russian music industry declined 15 percent in 2009, according to data from Moscow-based entertainment research bureau InterMedia. Sectors contributing to the decline included physical and digital sales, concert business and FM music stations. A total of 1,500 albums were released, compared to 2,300 in 2008, while single tracks released fell 18 percent. InterMedia's 2010 forecast predicts physical sales to continue to drop and the FM radio sector to grow by 10 percent. (2/26)

GRAMMY Winners To Perform At NAACP Image Awards
GRAMMY-winning artists Wyclef Jean, John Legend and Carlos Santana are among the artists who will perform at the 41st annual NAACP Image Awards. The awards will be broadcast on Fox on Feb. 26 from the Shrine Auditorium in Los Angeles. GRAMMY winner Jay-Z leads the nominees in the recording category with five nominations including Outstanding Male Artist and Outstanding Album, and Jean will be honored with the Vanguard Award in recognition of his work to improve racial and social issues. (2/26)

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