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by jdp23
4795 days ago
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The chart shows a steep decline in CD sales starting in 2000 -- several years before iTunes. So "iTunes crushed sales" like seems a real stretch. A different way of looking at it is that there's a pattern of format changes: vinyl to cassettes to CDs to digital. With the move to digital, unlike the others, there was sigificant downward pressure on prices. So more music is being consumed (on the units chart) at a cheaper prices. From a consumer perspective, this looks like market economics doing what they should :) |
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