CD Singles on the Chopping Block

Say what you will about online music stores and peer-to-peer (P2P) networks, but declining CD sales thanks to these two technologies will soon see the end of the CD single, which record companies will discontinue over the next 3 years. Sales of CD singles fell 30 percent in 2003, and industry experts expect the high-priced disks to suffer a similar fall this year. With broadband more commonly available, consumers can easily download single songs in just seconds from legitimate online music stores. And recently, for the first time, sales of downloaded songs have outpaced sales of CD singles.

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