Apple’s iTunes Now 2nd Largest Distributer of Music in the US thanks to iPod People

Now trailing only Wal-Mart, iTunes is the number two (legal) source of music distribution with 50 Million customers and 4 billion songs sold. They pushed past Best Buy and Target, who trail 3rd and 4th respectively.

From the Associated press:

About 10 percent of music acquired in the U.S. was through legal downloads in 2007, and consumers who bought digital music legally through pay-to-download Web sites grew by 5 million to 29 million in 2007, NPD said Tuesday.

With iTunes’ position as #1 internet retailer of music, I guess that most people figured out that those other digital music servicing sites (where you pay by the month and once you stop your membership your songs go bye-bye) are totally garbage. And more and more youngsters aren’t even buying hard-copies of the music either:

From MacWorld:

NPD says that 48 percent of US teens did not purchase a single CD in 2007, compared to 38 percent in 2006. The report estimates that one million consumers dropped out of the CD buyer market in 2007.

I guess that’s also because owing an iPod is SO COOL!!!!!!!!

…uh…

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