Wednesday, February 12, 2003

File Sharing Isnt Killing CD Sales -- The Music Industry Is

theres the question of whether the industry reflects popular taste. At the height of the economic bubble, the labels made millions off the bubblegum music craze. In 2000, pop queen Brittany Spears alone sold 7.89 million albums. And that earned her the No. 3 spot on the charts, after rapper Eminem, and her then-boyfriend Justin Timberlakes group, NSync, which sold 9.93 million albums. In 2002, Michael Jacksons Invincible "bombed," selling only 2 million copies. "The industry hasnt yet found anything new to catch the publics imagination," says Rolling Stones Brackett.
http://www.businessweek.com/technology/content/feb2003/tc20030213_9095_tc078.htm

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