Study: More Teens Not Buying CDs
Date : 2008 02 28 Category : Web News
Zeropaid File Sharing P2P Technology News
48% of US teens did not purchase a single CD in 2007, compared to 38% in 2006.
According to The NPD Group, a market research firm in Port Washington, NY, the amount of music that US consumers acquired last year increased by 6%. However, despite a sharp increase in legal digital download revenues it was not enough to offset a declines in physical CD sales, which resulted in a net 10% decline in music spending (from $44 to $40 per capita among Internet users).