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For many music fans, CDs are so last century
Did you ever use a typewriter? A rotary dial phone? A cassette tape player? A music CD? OK, one out of four shows you have a link to the 20th Century, although that last item is moving steadily closer to joining other old school technology in the nostalgia category. Albums still come on compact discs, but new research shows that a declining number of teens buy them. Nearly half of all teenagers - 48 percent - didn't buy even one music CD last year. That's a dramatic jump from 2006, when 38 percent of teens avoided that way of getting new tunes. The reason is as clear as a well-played guitar note: Online music downloads are how most young listeners build music collections.
During the past year, Apple's iTunes digital music store jumped ahead of Best Buy to become the No. 2 music seller nationwide. Some industry experts say iTunes will overtake Wal-Mart for the top spot in 2008. Amazon's MP3 store also is a popular online seller of digital music. So it's no surprise that CD sales in the U.S. fell 19 percent in 2007 from the previous year, while sales of digital songs jumped 45 percent.
Front Page Talking Points is written by
Felix Grabowski and Alan Stamm for NIEonline.com, Copyright 2013
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