* The US music market declined last year for only the second time in 10 years
* Music spending is still higher than cinema, leisure software, video rental and retail
* All categories of music save CD albums and DVD audio declined last year
* Industry claims that Internet file sharing is at fault are at best unproven
* CD single sales indeed fell, but annual losses are just $80m out of a $260m total
* Non-retail outlets account for 27 per cent of unit sales, but at a much lower price
The US music market was worth