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This week American Idol alum Carrie Underwood's song "I'll Stand By You," hit the Billboard singles chart. This would not be a noteworthy occurrence except for the fact this is the first time that an iTunes Exclusive single — not available on CD or from any other provider — has debuted in the top 10 of Billboard's Hot 100. According to Apple, more than 100,000 audio downloads of The Pretenders' cover were purchased in less than a week. Also in the news is Warner Music Group's removal of over 400 jobs. The world's fourth largest music company reported a net loss of $27 million, and decided to cut jobs in order to shift resources to digital music distribution. Both of these stories reflect a trend in the music industry - one that favors digital music sales and usage. So, Jim and Greg wanted to check in with John Kunc, owner of Waterloo Records in Austin, TX to see how news like this affects his business. As one might guess, the mom and pop record shop isn‘t what it used to be, but Kunc explains that they’re definitely "beating the industry."

Go to episode 76