This leads me to ask:
Are the younger generations really buying that much music?
I'd like to see some graphics on purchases by age groups. I honestly have a feeling that a whole lot of digital purchases come from older people.
Given the current economic situation, the younger kids probably have more disposable income. They aren't worried about car payments, feeding a family, paying rent, etc. They have money to blow on music. Are they going to buy what we consider "good music?" Probably not. Pop music is pop music. Are they going to buy CDs or vinyl when they can click two or three times and have their boom boom chugga chugga tunes instantly on their iPod? Nope.
It's great to see the increase in vinyl purchases, but it cannot even come close to digital sales. It's a completely different beast, and the mindset of the generation that is making the majority of these purchases wants instant gratification. That is not something that physical media accommodates.