Not enough time in the day–or the real reason no one’s buying CDs nowadays

Music CD, I’m just not that into you

In the four years from 2001 to 2005, overall time spent on these pursuits rose to 3,482 hours per person from 3,356 hours, about a 4% increase. But that didn’t benefit all forms of entertainment equally. Here’s a table I’ve created from the MPAA report showing the change in hours per person spent by activity:

Cable and satellite TV +125
Consumer Internet +52
Home video +29
Broadcast and satellite radio +26
Wireless content +15
Video games +12

Consumer books 0

Movies (at the theater) -1
Consumer magazines -3
Daily newspapers -14
Recorded music -50
Broadcast TV -65

There’s more, but the idea is that, since we only have so much money, and/or time, we spend both on what gives us more pleasure per unit.
I’m glad to see that book reading hasn’t declined (although it would be nice if it had increased), which puts a lie to the idea that we are less literate the more we’re online.

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