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    48% of teenagers bought zero CDs in 2007

    February 28th, 2008

    napbad_main.gifI find this statistic just amazing.

    I spent every last cent I made at from my paper route as a kid on LP’s. Well, that and skateboards.

    Going to the mall to buy music may no longer be a rite of passage for adolescents.

    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, according to a new report released Tuesday.

    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.

    Read Complete Article HereĀ 


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