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Record Labels Say 2002 Another Lousy Year

The recording industry's trade association says 2002 amounts to a terrible year for the major labels. According to preliminary estimates, the number of records sold this year may have fallen by 10 percent. That follows a 10-percent decline in 2001 and a seven-percent drop the year before. NPR's Rick Karr reports.

Copyright 2002 NPR

Rick Karr contributes reports on the arts to NPR News. He is a correspondent for the weekly PBS public affairs show Bill Moyers Journal and teaches radio journalism at Columbia University.