The single drove the chevy to the levee, and the levee is now officially dry. Following a 40% drop in 2001, sales of singles on CD and tape are down 67% so far in 2002, putting the format on the fast track to extinction. It's not just consumer apathy; many major labels have simply stopped manufacturing singles, which retail for about $4, figuring that if consumers really want to hear a song and have no other choice, they will just fork over $18.99 for an entire album. Some consumers have even resorted to downloading the songs they want for free online....
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