Two interesting articles for you.
First is an examination of the trends facing the music industry at large over at the Wall Street Journal (sample up but subscription needed). Like all "know it all" articles some of the analysis is a little flawed, but with as complicated a market as music, what analysis ISNT going to be a little flawed.
Second is a response to the WSJ over at Business Week, which I think is much more apt at explaining the current trend. Paraphrasing for Aaron Pressman, We buy a lot of shit. A LOT! There just isn't enough time in the day to actually watch/listen/read/play all the shit we buy. Eventually we learn this lesson and buy less shit. Done.
Check out his article here.
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