13-17 year-olds in the US spent 13% less on music downloads last year, and 26% less on CDs. Although this co-incided with a 24% drop in overall entertainment spending by teens. Downloads from P2P networks fell 6% last year according to NPD, but 52% of teens say they listened to online radio – up from 34% in 2007 – while 46% used social networking sites to download or stream music – up from 26% in 2007.
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…