[NewMusic] Death of the record industry (cont'd.)

[Sarah - 21 Grand]

I strongly doubt that. If you look at the housing bubble and the increasing
quantity of debt in America, the average family will overspend their means,
and if you look at the stuff that they have, quite a bit of their spending
is discretionary. Do they need a new car? No. Do their kids need the fancy
video game machine? No. Do they need to spend $4 on a frappuchino? No. I'm
sure we can all make lists of "stupid" ways people "waste" their money.
Personally, I spend too much money going out to eat rather than cooking at
home.

The fact that it is a lot easier to get music for free makes a lot more
sense in terms of declining sales. Let's take parking as an example. If you
are used to free parking, or if there is a large supply of accessible free
parking, are you going to choose to park somewhere you have to pay? Not very
often. 

sl

Linda wrote:
Any weakness in sales of music is due to the fact that the average family
does not have discretionary income any more.  Housing, utilities, food,
gasoline and medical care are more than many families can take.