48% of teenagers bought no CDs at all in 2007

Wednesday, February 27th, 2008

Wow. 48% of teenagers bought no CDs at all in 2007:

The illegal sharing of music online continued to soar in 2007, but there was one sign of hope that legal downloading was picking up steam. In the last year, Apple Inc.’s iTunes store, which sells only digital downloads, jumped ahead of Best Buy Co. to become the No. 2 U.S. music seller, trailing Wal-Mart Stores Inc.

It will be interesting to see if Amazon’s MP3 store can compete with iTunes.

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