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Global music sales slide for fourth year

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Global music sales slide for fourth year

Global sales of recorded music fell in 2003 for the fourth year running, hit by piracy, illegal downloads from the Internet and competition from other entertainment products, an industry body revealed. A fall of 7.6 percent in the value of recorded music sales last year affected almost all major markets, with Western Europe showing particularly sharp falls compared with recent years, the International Federation of the Phonographic Industry said.

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