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

[David Slusser]

On Sep 4, 2007, at 10:43 PM, Sarah - 21 Grand wrote:

> 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.

That's the gist of the focus group - music is free.