2003 CD Sales Officially Down 7.6 Percent
Lust writes "CNN is reporting that global CD sales for 2003 are down 7.6 percent, and points to 'rampant piracy, poor economic conditions and competition from video games and DVDs.' More grist for the RIAA mill on P2P? I just haven't heard anything new I'd like to buy... how about you?" It's also mentioned that "a strong second-half recovery in the United States, Britain and Australia... has raised hopes that the worst is behind the beleaguered industry", although "evidence of a full-fledged recovery is flimsy."
Your theory falls apart when you realize that the entire world was in a much worse economic slump back in 2002. And this sales figure was global, which also meant that legal alternatives in other countries were few and far between.
if you want "No More Hiroshimas" then I say "You First. No More Pearl Harbors."