The CD’s reign as the music industry’s biggest U.S. revenue source will end this year, eclipsed by downloads and newer streaming services such as Spotify Ltd. and Pandora Media Inc., according to a researcher.
Ritsuhiko Tajima has about 100 CDs by his favorite artist, Japanese girl-group AKB48, many of them copies of the same disk. The attraction? The CDs often include tickets to events where he can briefly meet his idols.
Wal-Mart Stores Inc.’s sale of sexually charged music and high-capacity weapons hurts the company’s image, an historic Wall Street church said in a lawsuit seeking to force a shareholder vote on tightening board oversight of products that offend “family values.”