Are Music Sales Down Due to File Sharing…

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… or are people listening to less music? According to this chart (from Fortune magazine Sept. 15, 2003

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people are spending ALOT less time listening to music. Why hasn't this been brought up as a possible reason for lower CD sales?

Sorry I clipped the x-axis off the bottom. The graph starts in 1997, with music peaking in 1999. 2003 is right in the middle, and the graph projects on into 2007.

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