Amazon Gains Share of Shrinking Paid Music Market - Bits - Technology - New York Times Blog

See the full article for some scary statistics for the music industry

If you pan back and look at how people are getting their music these days you see that the companies fighting for the people who pay for music are battling over an ever-smaller piece of the pie.

NPD’s annual survey of Internet users, which is some 80 percent of the population these days, found that 10 percent of the music they acquired last year came from paid downloads. That is a big increase from 7 percent in 2006. But since the number of physical CDs they bought plummeted, the overall share of music they paid for fell to 42 percent from 48 percent.

Amazon Gains Share of Shrinking Paid Music Market - Bits - Technology - New York Times Blog