People Still Buy Music: Believe it or not, some people still give CDs as Christmas presents
In possible good news for John Travolta and Olivia Newton-John up there, a new study shows that 12 percent of American consumers have purchased or plan to purchase music for someone on their gift list this holiday season. Those music buyers also plan on forking over 18 percent more than they did on music last year, the biggest increase in spending in all retail categories.