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Downloading has definitely sucked cash out of music. Let's say 15 million people in the US alone downloaded material from 6 albums per year that they otherwise would have purchased. At $15 per CD that's $13.5 Billion in retail sales over that 10 year period.
But at the same time concert ticket prices have doubled. So has the pricetag on everything at the merch stand. And concerts have far more people at them than they did 15 years ago.
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