2.4.09

Study: Teens Stream Music Instead of Purchasing

A new report from the NPD Group says that teens (age 13 to 17) bought 19 percent less music in 2008 than they did in the previous year. CD purchases also declined 26 percent, and paid digital downloads fell 13 percent compared to 2007. Russ Crupnick, entertainment industry analyst for The NPD Group, says in the report:

“With popular music sites like Pandora, imeem, and MySpaceMusic complementing offerings by terrestrial and satellite radio, more teens may be getting their fill of music and feeling less compelled to buy music or share it with others.”

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