Frontier Economics recently estimated that U.S.NPD reports that only 37 percent of music acquired by U.S. From 2004 through 2009 alone, approximately 30 billion songs were illegally downloaded on file-sharing networks.have dropped 47 percent, from $14.6 billion to $7.7 billion. In the decade since peer-to-peer (p2p) file-sharing site Napster emerged in 1999, music sales in the U.S.Digital sales, while on the rise, are not making up the difference. Both the volume of music acquired illegally and the resulting drop in revenues are staggering. Music theft is a real, ongoing and evolving challenge. That’s great news for music fans and the industry alike.
In fact, according to the global music trade body IFPI, there are now more than 13 million licensed tracks available on more than 400 different services worldwide. Music companies have licensed hundreds of digital partners offering download and subscription services, music video streaming, cable and satellite radio services, Internet radio webcasting, social networking music services, video-on-demand, podcasts, CD kiosks and digital jukeboxes, mobile products such as ringbacks, ringtunes, wallpapers, audio and video downloads and more. The law is quite clear here, and fortunately legal downloading is easy and doesn’t cost much. While downloading one song may not feel that serious of a crime, the accumulative impact of millions of songs downloaded illegally – and without any compensation to all the people who helped to create that song and bring it to fans – is devastating.
That cast includes songwriters, recording artists, audio engineers, computer technicians, talent scouts and marketing specialists, producers, publishers and countless others. It’s commonly known as “piracy,” but that’s too benign of a term to adequately describe the toll that music theft takes on the enormous cast of industry players working behind the scenes to bring music to your ears. What is the RIAA’s official stance on digital music piracy? MBW publishes the edited highlights below: The RIAA has released a very revealing Q&A on key piracy-related subjects. The RIAA, the US recorded music body, has long waged a war against the illegal downloading of music from P2P sites – and received plenty of criticism for it.īut why does the organisation, which represents Warner, Sony and Universal Music in the territory, take no prisoners when it comes to piracy? And is it making any progress?
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