The music business is growing up

Yet another article that shows that the centre of gravity of the recording industry is moving to older consumers.

“ ..It's a theory supported by numbers. Figures from the Recording Industry Assn. of America, research firm NPD Group and some of the country's leading retailers show that during the past decade, sales of music for grownups are booming at a time when overall industry figures have slid drastically…”.

The article had another interesting observation. As legitimate online music services such as Apple Computer's iTunes have emerged, fewer older fans have engaged in illegal file sharing. According to the NPD Group. Adult music buyers represent 31% of the illegal downloading population, down from 42% 12 months ago. With those adult fans purchasing music instead, either offline or on, the music business has reason to celebrate for the first time in many years.