I have a couple of addictions, and iTunes is one of them. As I was fervently downloading music the other day, I started to wonder what the rest of
These charts are meant to reflect the popularity of music and track trends of the buying public. The thing is, kids aren’t buying CDs from the store anymore, and except for a few of my holdout friends (Aaron), most people I know don’t care about having a physical copy of a CD that they’re gonna rip onto their computer anyway. If the average American is listening to music by other means than buying albums and singles, then it probably isn't a good relfection of what America is really listening to. This means that the people that are having the biggest impact on the billboard charts are probably people over 35 who still think iPod means "payment on delivery," or people of lower socioeconomic background that can't afford one, or a compter for that matter.
On a positive note, however, with this ever shrinking CD market, indie rock bands like Modest Mouse, The Shins, and Bright Eyes have scored big on the billboard charts this year due to the obsessive allegiance of their fan base who insist on buying old fashioned CDs. (I digress). My point is, there’s no chart right now that combines all the ways people are listening to music today to get a very clear view of who is the most popular. Which means that many of the bands that I like might be really popular across America, but because of file-sharing or the burning of CDs, the charts will never relfect that.
Of course, I could be dead wrong, judging from the popularity of American Idol. James Poniewozik, from Time magazine, spent four pages trying to explain the popularity of American Idol and all of its zealous fans out there, to which one of his readers said, "it takes only four words: Americans have awful taste." Is he right?
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his
exposure to U.S. stocks
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Instead, the “Oracle of Omaha” has become a “committed” and “long-term”
investor in a handful of Japanese companies.
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