48% of teenagers bought zero CDs in 2007
I 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.
I think this is going to be the trend until hard copies are eventually phased out. I myself havent bought a CD since 2006, although I wish it were 2003 so I could say “CD free since 2003″. Now I have to say something that doesn’t rhyme at all. But with the ability to download an album in the matter of seconds, the business model for music now will eventually die. Cheers.
I think the music company should take the download system as the main marketing way soon. Illegal downloading should be turn in legal way.. I think there is no other way to do.
Wow! I hope that the spreading of music on the net will make live music more interesting to a wider public.
Jens