Jacob Bernstein: On the the State of the Music Business and the End of Mass Taste (Hu

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The Wall Street Journal said yesterday that compact disc sales dropped 20 per cent in the first quarter. As usual, the decline was attributed mainly to teenage kids, who stole approximately one billion songs on file sharing sites between January and March, according to recent estimates. And as is customary in business pieces about the state of the music industry, no one seemed to consider the ...

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