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after a devastating fall in CD sales over the past several years

Digital downloads are spurring growth at Universal Music and had its parent company recently crowing

Digital downloads are spurring growth

Digital music was a $1.3 billion business in 2007, but it still only comprised 10 percent of consumer music spending

compete with Apple and the future of music CD sales.

“The challenge remains for the industry to find new ways to compete with Apple, who remains the dominant player for portable media devices,”

Apple, Inc. (NASDAQ: AAPL) moved down nearly 4%, probably based on the Nokia news. Since both PC and handset sales are weak, Apple has some real exposure.

Research from the music video game industry showed slow sales and Electronic Arts, Inc. (NASDAQ: ERTS) and Activision Blizzard, Inc. (NASDAQ: ATVI) took big tumbles.

Japan is one of the leading nations in the fields of scientific research, particularly technology, machinery and biomedical research

For instance some of Japan's more prominent technological contributions are found in the fields of electronics, automobiles, machinery, earthquake engineering, industrial robotics, optics, chemicals, semiconductors and metals

apan is the world's largest producer of automobiles[73] and home to six of the world's fifteen largest automobile manufacturers and seven of the world's twenty largest semiconductor sales leaders as of today.

CD's fell 3.4 percent

They have seized upon a fairly bad situation: a stunning number of defaults and foreclosures in the subprime arena, although just a small part of the total financial picture of the United States. They have then tried — with the collaboration of their advance guards in the press — to make it seem like a total catastrophe so they could make money on their short sales. They sense an opportunity to trick other traders and poor retail slobs like you and me, and they generate data and rumor to support their positions, and to make money. More than that, they trade to support the way they want the market to go. If they are huge traders like some of the major hedge funds, they can sell massively and move the market downward, then suck in other traders who go short, and create a vacuum of fear that sucks down whatever they are selling. [CUT]

Until the Red Sox swept the Cardinals to win the World Series after beating the Yankees in the greatest postseason collapse in baseball history

ts origins, of course, date to the January, 1920 sale of Babe Ruth to the Yankees for money that Boston owner Harry Frazee desperately needed to pay the mortgage on Fenway Park

the music industry is for the first time seriously considering a file sharing surcharge that internet service providers would collect from users.

seek an extra fee on broadband connections and to use the money to compensate rights holders for music that's shared online.

Griffin's idea is to collect a fee from internet service providers -- something like $5 per user per month -- and put it into a pool that would be used to compensate songwriters, performers, publishers and music labels.

"It's cheap to buy used discs. . . . They sound just the same as new ones,"

Amazon.com

The industry worries that the expanding used market is cannibalizing new-CD sales, as well as promoting piracy by allowing consumers to buy, record and sell back discs while retaining their own digitally pristine copies.