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Digital revenues for record companies hit $5.2bn in 2011, up 8% year-on-year.
The International Federation of the Phonographic Industry (IFPI) Digital Music Report for 2012 found that a slower rate of decline in physical sales meant that overall the market’s drop slowed to 3%, at around $16.2bn.
MSN has extended its mobile offering with a new iPad app, mirroring the format of its redesigned website with five different channels.
The site is already available on mobile, PC and Xbox, and MSN says the free iPad app is part of a plan to bring its content to as wide an audience as possible.
YouTube has announced that its users upload 60 hours of footage per minute and watch 4bn videos each day.
Aside from being an impressive milestone, the statistic will be a useful sales tool for the video site as it seeks to bring in more advertising revenue following its recent redesign.
Amnesty International achieved a 500% increase in response to an e-petition by using Shazam to drive awareness of the campaign.
The annual Marathon of Signatures aims to put pressure on governments that are responsible for human rights abuse.
By using Shazam, an app that identifies songs, and encouraging sharing through social media Amnesty achieved more than 250,000 signatures in less than a week, up more than 500% on 2010.
Blockbuster has announced a series of exclusive DVD rental partnerships as it plans to take on streaming services like LoveFilm and Netflix.
Following a deal with several Hollywood studios including Disney, Icon and Lionsgate, new movies including Drive and Tinker, Tailor, Soldier, Spy will be available to rent in the UK from Blockbuster for three weeks prior to general release.
The DVDs can be rented online or at one of Blockbuster’s 600 high street stores, but cannot be streamed online.
Almost two-thirds of UK consumers are willing to pay to stream films online, while 30% would pay for TV shows.
But statistics from KPMG’s Media and Entertainment Barometer show that the willingness of consumers to pay for streamed TV is still yet to take off in the UK, increasing just 3% between September 2010 and October 2011.
Google has added a new feature to its Hotel Finder that filters hotels based on their maximum travel time from a location or landmark.
For example, you can ask to be shown all the hotels that are within 20 minutes travel time by public transport from Hyde Park.
Zynga has confirmed that it plans to move into online gambling.
The games company said earlier today that it is in talks with potential partners about adding real money gambling to its current range of freemium games.
Expedia has launched a new crowdsourced deals feature on its US site.
Last-Minute Deals automatically identifies the best deals found by other travellers for hotels rooms and flights. It is done anonymously in the background so doesn’t require any additional action by Expedia customers.
On Wednesday several major websites, including Wikipedia and Reddit, took their services offline in protest at the proposed SOPA bill.
For Wikipedia, the self-imposed blackout actually had the affect of increasing traffic as people logged on to see what the fuss was about.
In a nutshell, SOPA is an attempt to crackdown on internet piracy by shutting down sites that host copyrighted material.
Opponents say that it goes too far, as sites that link to other sites that host pirated material can also be shutdown, and threatens free speech.
China is on track to surpass 1bn mobile connections in Q1 of 2012, with market penetration currently estimated at 72%.
The latest data from Wireless Intelligence shows that China ended 2011 on 973.7m connections, an increase of around 16% year-on-year.
The growth has largely been driven by 3G connections, which surpassed 200m in Q4 and accounted for 22% of the total by year-end.
In 2011 3G accounted for 80% of new connections in China, an estimated 26.8m out of a total of 34.2m.
Yesterday it was confirmed that Kodak has filed for Chapter 11 bankruptcy protection in New York; the final chapter in a long and painful fall from market dominance in the 1980s.
This humiliating 'Kodak moment' came about largely because the camera brand failed to embrace digital technology.