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Online Song Sales Top 200 Million

CNN is reporting that more than 200 million songs were purchased online in 2004 and is expected to double in 2005.

“The IFPI said research firm Jupiter expects the $330 million online music market to double in 2005.

The increasing popularity of online music stores is welcome news to a music industry that blames digital piracy for more than two years of precipitous sales declines.”

The article says there are more than 1 million songs available for download on the net at this time.

Read more at CNN/Money

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