Music streaming service Grooveshark shuts down to settle infringement 

Online music streaming service Grooveshark shut down its operations as part of its settlement agreement with major record companies, according to a message posted on the website, putting an end to a four-year legal battle.Grooveshark will wipe clean all of the record companies’ copyrighted works and hand over ownership of its website, mobile apps and Read More …

Downloads down 12% in UK, albums down 5% – but streaming soars 81%

The UK recorded music market saw a painful decline in single-track downloads in the first three months of 2015, but the number of tracks streamed almost doubled. Track downloads fell 11.9% year-on-year in Q1, dropping from 41.08m in  to 36.18m. Digital album sales also dropped significantly by 8.6%, from 7.91m to 7.23m. via Downloads down 12% Read More …