Music firms losing digital piracy fight
The record industry’s campaign to wrest consumers away from pirate internet music services has been a failure, with increasing numbers of technology-savvy fans turning their back on legitimate sales and downloading singles and albums free. An report to be published today reveals that sales of legitimate downloads brought in only $1 million last year, despite expectations that music would lead the way in recouping the $4 billion invested across the entertainment sector to capitalise on the expected boom in digital content. In contrast, up to 2.7m people at any one time are now logging on to free file swapping services,… Read more »
