Survey: Despite Recession Fans Will Buy Music!

According to a new NPD tracking study 75% of consumers say they will spend the same amount or more on digital music downloads as they did in 2008. 65% will spend the same or more on video games, and 60% will spend the same or more on CDs.

“Even in the face of a down economy, entertainment remains a popular spending category,” said Russ Crupnick, entertainment industry analyst for NPD. But the the importance of buying music lags behind videos. and gamingThe study reported that 51% of consumers surveyed purchased a DVD or Blu-ray disc in the prior three months. Purchasing a console or portable video game ranked second at 36% followed by buying a CD at 31%.