CD Sales Slipping

Here's an interesting article from Rev. Keith A. Gordon's Blog "Ryan Adams Sucks". It's his take on why CD sales are falling.

The shit hit the fan this week, and it wasn’t like a fat kid doing a cannonball into the deep end of the pool but rather like a gale-force hurricane smashing into the state of ship of the recording industry. A front-page Wall Street Journal story by Ethan Smith reported that CD sales have dropped 20% this year-to-date compared with 2006. Smith considers this “the latest sign of the seismic shift in the way consumers acquire music.”

Uh, maybe....

Let’s break down the points covered by the WSJ article and commentary offered by other pundits on a point-by-point basis and the Reverend will offer his own commentary.