Key+Facts


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“I missed my old brain.” This quote goes to show you that the Internet affects everybody today. Everybody is addicted to it and they have become obsessed with it when they’re away from it. They yearn to be attached to it and always be connected to it. When there not with it they are drawn to it and need to be accessible to it.  By changing the economics of production and distribution, the Net has cut into the profitability of many news, information, and entertainment businesses, particularly those that have traditionally sold physical products. Sales of music CD’s have fallen steadily over the last decade, dropping twenty percent in 2008 alone. Sales of movie DVDs, a major recent source for profits for Hollywood studios, are also now in decline, falling six percent during 2008 and then plunging another fourteen percent during the first half of 2009. Unit sales of greeting cards and postcards are dropping. The volume of the U.S. Postal Service declined at its fastest pace ever during 2009.