February 11, 2004

Teens buying fewer CDs

v_Music_137.gif Teenagers shrugged their collective shoulders at music CD sales last year, despite the music industry's progress on curtailing piracy, reports Variety.

"According to Port Washington, N.Y.-based NPD, overall dollar sales of music CDs declined 8% in 2003 compared to 2002.

NPD vice president Russ Crupnick believes that while the music industry is always quick to blame illegal peer-to-peer music file sharing for its woes, such activity is only a part of the picture. "Another aspect of these sales declines is based on competition we're seeing from alternative entertainment-related spending options for teens, such as cell phones and videogames."

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