New Reports Suggest Napster Is Harmful
According to new reports from the Recording Industry, CD sales were down a large 39 percent last year. Attributing the sinking sales to losses in the singles market, which Napster has taken over, RIAA president Hilary Rosen told AP "Napster hurt record sales." Some experts say the record companies themselves contributed to losses in this category, saying they haved cut production in what was never a very profitable arena (the sale of CD singles). Others attribute the weaker sales to poor music quality released this year by artists. This new report comes hot on the heels after Napster was ruled against and could face massive monetary damages in the near future.