At least that’s what a recent study profiled by Wired had to say (story). While it doesn’t exclude file-sharring from blame for the decline of record sales it does point out that the impact of file sharring has “had only a limited effect on sales”. Hardly the 33% decline that the RIAA would have you believe.
See, I told you the music just sucks.
Update: Yahoo is also running the story. This time not in minor quoted form like Wired. Linky.