Cincinnati.Com
NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help
Currently:
26°F
Cloudy
Weather | Traffic
The Enquirer
HOME
NEWS
ENTERTAINMENT
SPORTS
REDS
BENGALS
LOCAL GUIDE
MULTIMEDIA
ARCHIVES
SEARCH
 
 TODAY'S ENQUIRER 
 Front Page 
 Local News 
 Sports 
-- Business 
 Editorials 
 Tempo 
 Home Style 
 Travel 
 Health 
 Technology 
 Weather 
 Back Issues 
 Search 
 Subscribe 

 SPORTS 
 Bearcats 
 Bengals 
 High School 
 Reds 
 Xavier 

 VIEWPOINTS 
 Jim Borgman 
 Columnists 
 Readers' views 

 ENTERTAINMENT 
 Movies 
 Dining 
 Horoscopes 
 Lottery Results 
 Local Events 
 Video Games 

 CINCINNATI.COM 
 Giveaways 
 Maps/Directions 
 Send an E-Postcard 
 Coupons 
 Visitor's Guide 
 Web Directory 

 CLASSIFIEDS 
 Jobs 
 Cars 
 Homes 
 General 
 Place an ad 

 HELP 
 Feedback 
 Subscribe 
 Search 
 Newsroom Directory 



 
Tuesday, August 27, 2002

Music sales decline blamed on Internet




The Associated Press

        LOS ANGELES — Compact disc music sales decreased 7 percent during the first half of the year, a further indication that online music sharing sites are hurting the recording industry, a trade group said Monday.

        The decline cost the industry $284 million in lost sales, according to the Recording Industry Association of America.

        The decline, measured by PricewaterhouseCoopers, compares with a 5.3 percent drop in CD shipments in the first half of 2001. The RIAA said the industry uses just-in-time delivery, so CD shipments are reliably indicative of actual sales.

        Also Monday, the RIAA released a separate survey of Internet users' music habits, which found that most consumers between the ages of 12 and 54 bought fewer CDs as they downloaded more tracks.

        Previous studies independent of the music industry have suggested that access to free music on the Web actually encourages consumers to experiment with new acts and buy more CDs.

        “We find a striking connection between people who say they are downloading more and buying less,” said Geoff Garin, the pollster for Peter D. Hart Research Associates, who conducted the random telephone survey of 860 consumers for the RIAA in May. The survey has a margin of error of plus or minus 3.4 percentage points.

        Of consumers polled whose downloading increased during the last six months, 41 percent reported buying less music, compared with 19 percent who said they were purchasing more, he said.

        Among those polled who said they were downloading the same amount as six months earlier, 25 percent said they purchased less music, compared with 13 percent who bought more, Garin said.

        The survey also reported that 35 percent said they go straight to an Internet file sharing site whenever they hear an unfamiliar artist they like. Only 10 percent reported that they immediately buy the artist's album.

        The poll did not provide information about consumer attitudes on other factors widely considered to be affecting CD sales, including the quality of new releases and the lack of easy-to-use online services from the major recording labels.

        “I very strongly conclude that the ability to get music for free is an important factor and has an adverse effect on music purchasing. I would not argue that it is the one and only factor,” Garin said.

       



Ben-Mar settlement blocked
Wal-Mart eyes Eastgate expansion
Home sales skid on N.Ky. losses
Tristate summary
What's the Buzz?
Morning Memo
Some airport screeners raised rates for feds
Seniors warned about swindlers
- Music sales decline blamed on Internet
NY hotels filling up near ground zero
WorldCom controller tried to silence concerns
Beer, liquor lobbies press for cut in sin taxes
Beer barrel becoming thing of past

 

Latest Headline News
Updated Every 30 Minutes
BUSINESS NEWS

U.S. Rises in Auto Reliability Ratings

Congolese Shun Own Currency for Dollars

Delta Air Lines Posts $52M Profit in 3Q

Prepared Holiday Meals Up in Popularity

Christmas Returns to Wal-Mart Marketing


Cincinnati.Com
Search our site by keyword:  
Search also: News | Jobs | Homes | Cars | Classifieds | Obits | Coupons | Events | Dining
Movies/DVDs | Video Games | Hotels | Golf | Visitor's Guide | Maps/Directions | Yellow Pages

  CINCINNATI.COM  |  NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help


Search | Questions/help | News tips | Letters to the editors | Subscribe
Newspaper advertising | Web advertising | Place a classified | Circulation

Copyright 1995-2007. The Cincinnati Enquirer, a Gannett Co. Inc. newspaper.
Use of this site signifies agreement to terms of service updated 12/19/2002.