File trading is only one of the recording companies’ problems. “Among the problems they cited were the consolidation of radio stations, making it harder to expose new bands and records, and the lack of a widely popular musical trend like teen-pop, which relied on stars like Britney Spears and `N Sync to drive young people to record stores. They also blamed a poor economy and competition for the limited time and money of teenagers and young adults, their main customers, who often find that they prefer buying DVD’s, video games, sneakers and more. Indeed, thousands of music retail stores have closed recently, and the ones that are still open have given shelf space to competing products, like DVD’s and video games.”