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Business News (more headlines) 02-10-2013

ITunes Store Sets New Record With 25 Billion Songs Sold

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Website: http://www.itunes.com
Apple announced that music fans have purchased and downloaded more than 25 billion songs from the iTunes Store (www.itunes.com), the world's most popular online music, TV and movie store. The 25 billionth song, "Monkey Drums" (Goksel Vancin Remix) by Chase Buch, was purchased by Phillip Lüpke from Germany. As the downloader of the 25 billionth song, Phillip will receive a €10,000 iTunes Gift Card.

"We are grateful to our users whose passion for music over the past 10 years has made iTunes the number one music retailer in the world," said Eddy Cue, Apple's senior vice president of Internet Software and Services. "Averaging over 15,000 songs downloaded per minute, the iTunes Store connects music fans with their favorite artists, including global sensations like Adele and Coldplay and new artists like The Lumineers, on a scale we never imagined possible."

"In a lot of ways, iTunes has leveled the playing field for musicians. Whether you're unsigned, indie, major, whatever-it's the place most people go to buy digital music," said Wesley Schultz, guitarist and lead vocalist of The Lumineers. "iTunes doesn't exclude any musicians simply because they're not yet established or popular."


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