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Could this be the first serious threat to iTunes Store’s retail dominance? Seven other online music sellers have formed an alliance to promote their unique selling point – DRM-free MP3.
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Keen to push its new MP3 kitemark, the Entertainment Retailers Association released figures today trumpeting the format in grand terms: “Never in the history of the music business have we seen a format take off like this before. There is now no doubt that MP3 is the fastest-growing music format of all time, faster than vinyl, cassette or CD,” said chairman Russel Coultart.
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US digital music sales will grow by 17 percent per year on average over the next five years, to make up 41 percent of sales by 2013, Forrester’s latest Jupiterresearch forecast says.










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