Recording executives see brighter outlook

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Recording executives see brighter outlook

On-line music piracy isn’t likely to vanish soon, but the rise of paid on-line services and the growing popularity of portable digital music players portends greater demand for digital music next year and better fortunes for the embattled recording industry, music executives said Monday. “Taking a mostly positive outlook on an industry racked by a three-year slide in CD sales, executives for recording companies and Internet music retailers told hundreds at the Music 2.0 conference in Universal City that on-line music sales should take off in 2004.”

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