Also Happening: iTunes, BigChampagne, UMG, PS3, Touchtunes

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* Apple still has a commanding lead in the paid download space.

The company confirmed sales of two billion tracks during the first half of this year, and now, an NPD report claims that the iTunes Store is responsible for 25 percent of all music sold in the United States – physical or digital.

* Americans are less interested in listening to music on their mobile phones than their global counterparts.  According to a recent Forrester Research report, just 10 percent of US adults listen to music on their handhelds, compared to 17 percent among British listeners and 70 percent among urban Chinese.

* BigChampagne has now announced an analytics tie-up with Universal Music Group.  The expanded relationship will cover a broader number of platforms, and involve metrics and analysis for the massive UMG roster.

* Sony has now dropped the price of its PS3, from $399 to $299.  The cheaper console is still more expensive than the Wii or Xbox 360.

* UMG has also tapped Touchtunes to promote Jump Back: The Best Of the Rolling Stones 1971-1993, out this week.  Touchtunes will promote the release on its network of digital jukeboxes and coordinated television screens.

* The Dow rebounded a bit on Tuesday, and music-related stocks were mixed.  Apple (AAPL), Ticketmaster (TKTM), and Live Nation (LYV) enjoyed gains, while Warner Music Group (WMG) dropped nearly 5 percent to $4.60.