well duhLee Abrams, founder of XM Radio, says that CD sales are down because artists are producing CDs that suck: "There are periods of lull, where really there's no major statements being made, music tends to become very corporate, very McDonald's rock, all the same, and right now we're in a period of musical lull," Abrams said. "And I mean, every indicator is there."Abrams also dispells the myth that MP3s are causing the downfall of CD sales: "If you look at the latest statistics, the biggest record consumers are over 40," he said. "You can't find anybody other than the rare technophile over 30 who knows how to download to an MP3 player. There's just an absurd -- and this has always been going on in the record business -- an infatuation with the youth audience, instead of looking at the big picture. Today, the 40-plus [consumers] are buying the records, and it's the 40-plus that will put on a CD and listen to it all the way through." |
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