Cable / Telecom News

Music’s future still cloudy, says report


TORONTO – You'd have to be trapped with the people of Lost to be unaware of the serious slide in CD sales. But, the plethora of media choices along with free places to get music means there is no bonanza for paid music downloads, says a release from Solutions Research Group's Fast Forward.CD buying is at a 10-year low across all demographics as just 29% of consumers identified themselves as "active" music buyers in 2005, down from 54% in 1998. (Active Music Buyers are those who bought four or more CDs in six months). And, the decline in overall music...