TheRookie
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I'll add the contrarian view to Brian's comments. I was an undergrad during the height of Napster (1996-2000). I didn't have a single friend who bought a single CD during the entire period. I did, however, have many friends who downloaded 2-3000 songs during that period and a few who quit buying movie tickets as well, opting to watch pirated early cuts over the web. A lot of these same kids bought 3 or 4 CDs a week during high school, so at least in my small sample, downloading eliminated a lot of CD purchases.