Thursday, March 06, 2008

ARTS


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NEARLY HALF OF ALL TEENS DIDN'T BUY A CD LAST YEAR

LA TIMES - For the first time last year, nearly half of all teenagers
bought no compact discs, a dramatic increase from 2006, when 38% of
teens shunned such purchases. . . The illegal sharing of music online
continued to soar in 2007, but there was one sign of hope that legal
downloading was picking up steam. In the last year, Apple Inc.'s iTunes
store, which sells only digital downloads, jumped ahead of Best Buy Co.
to become the No. 2 U.S. music seller, trailing Wal-Mart Stores Inc. . .
The number of CDs sold in the U.S. fell 19% in 2007 from the previous
year while sales of digital songs jumped 45%, Nielsen SoundScan said.

The number of people buying music legally from online music stores
jumped 21% to 29 million last year from 24 million in 2006, according to
the study by NPD Group, a market research firm in Port Washington, N.Y.

http://www.latimes.com/news/opinion/la-oew-weaver20feb20,0,1675278.story

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