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As Digital Gains, Album Sales Plunge 11%

Music biz turmoil as CDs plummet

By Peter Fearon,  Newser Staff

Posted Jul 3, 2008 6:35 AM CDT

(Newser) – CDs continue to go the way of the 8-track, losing further ground to digital music. Another big drop in CD sales is being driven by the closure of Virgin stores and reduced shelf space at outlets like Target. CD sales are off 16% over the...   Read full story »

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