Well college dorms aren't' exactly the most spacious of abodes. Also what constitutes a real stereo. If it's Big silver receiver with a TT and massive speakers, than I'm not shocked. I know a lot of people my age (18-24) that care about audio but use a nice dedicated audio card in there PC that is then fed into a nice headphone amp powering a set of decent cans. I would honestly consider that a nice stereo in the same way that I consider my massive rig a nice stereo.
Obviously you missed the 1970s....
Well you can't tell me that with the availability to put all you music on a single portable device (mp3player, laptop, ect) that you would be dying to store a bunch of compact discs. Times are changing yes but how is than any different that college kids in the late 80's abandoning records for CD's cause they were portable and took up less space.
I'm not debating that point; I'm agreeing with it. CDs are dead
True but all it does is reinforce that the audio market is moving toward a completely digital format as apposed to a physical media and as such it show the reluctance of the industry to make a significant change.
Yes and no.
The audio market IS moving to digital, but the SALES dollars aren't following for 2 reasons:
1) Folks are copying or file sharing, no doubt about it.
2) They're buying more less expensive single downloads than full "albums" that was shown in the analysis link.
But "NO" as the industry IS making a change, it's just having a huge problem with the ease of which music can be copied/shared these days. Go to Amazon or other online retailers and there's full albums or $0.99 song downloads all over the place.Can't get any easier than that.
Back in the day one had to tape in real time; today one can copy a CD in .WAV format with all the info in a matter of minutes. And anyone with a DVD/CD drive can do it. No need to buy a deck, get the right tape, set VU levels and que up the tracks. Just drop it in and hit the copy button. Or log on to some sharing site online and go to town.
It's the accessibility issue that's hurting them, along with a poor economy limiting discretionary expenditures.