Of course Piracy is the first scapesgoat to be blamed if the sales for the music industry goes down globally. What else could it be after several years of a harder economy, people would of course buy as many records as before, they would certainly not skip buying that new album. They would rather not eat for a week, instead they would rather listen to a new album for a week.
he music industry, damaged by illegal downloading since the late 1990s, has fought back by aggressively targeting file-trading and offering legal alternatives such as Apple's iTunes Music Store.
In the United States, the world's top market, digital sales increased by 84 percent to account for 18 percent of the total market.
Luckily for once they also state that competition for consumer spending has an influence on the drop of the sales. I still think that they over estimate the impact that piracy has. If people like a band, they will support that band by buying their CD, going to their concerts and by buying legal songs from that band from the internet.
if you want to know how much billion they actually did make you can read the original article.
With more people going digital, they're also spending less per album than they used to. A full album used to cost around $23 around here. But at .99 a pop at itunes, I'm paying around $14 for an album. So they're getting less per album that is bought online through itunes. And while you may argue that it costs less to produce and distribute online, they still measure their bottom line by projection, which means that they can pull any number out of their *and say they took a hit if they didn't meet it. A certain automotive company up here does the same thing, and uses their faulty logic to justify laying off a few thousand workers.
Piracy has always been a convenient scapegoat. It will continue to be as long as the recording industry needs someone to blame. And while it is obviously a thorn in their side, to say that it is harming them to any great degree is to miss the forest for the trees. There are so many economic factors that are playing a part in this whole thing that it would be ignorant to assume that the issue is so black and white.
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