Barry Willis

Retail sales of recorded music in the United Kingdom sagged by an unprecedented 13% in the first three months of 2003, according to figures released May 14 by the British Phonographic Industry (BPI). British music fans spent £216 million ($351 million) in the first quarter of this year, compared to £249 million ($404.6 million) in the same period a year ago. In unit sales, albums in the UK declined only 4.8% to 44 million, but prices dropped 9.4%. UK album sales totaled £200 million ($324.9 million); singles were off 42%, accounting for only £16.2 million ($26.3 million).

Apple's unexpected initial success with its iTunes subscription music service shocked and pleased many in the music industry—and appears likely to prompt a rash of imitators.

"There's a flat screen in your future."

Tuesday, May 6, 2003 could be a turning point in the contentious history of recording artists and record labels. On that day, hundreds of American musicians will converge on Albany, NY in support of the Artistic Freedom Act of 2003. If passed, the bill would give artists unprecedented freedom in negotiating and terminating recording contracts.