Digital Downloads Rise As Music CD Sales Fall
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U.S. Internet users downloaded more music from online retailers and peer-to-peer sites in the third quarter, as CD sales among the same consumers continued to fall, market numbers released Thursday showed.Paid digital downloads saw growth in the number of buyers and tracks sold in the quarter, according to the NPD Group. Fully, 15% of Internet users bought music from online stores, such as Apple iTunes orAmazon (NSDQ: AMZN), which is an increase of 2 percentage points over the same period a year ago, or 2.8 million more music-download customers. In terms of volume, the number increased 29%….
