Hmm musics downloads, well, there are tons of people who download 100% illegally. Hmm but that’s just a consumer perspective. There are some who support the artists when they feel they are worth it.
With the industry trying all kinds of funny stuffs like RadioHead with their donation album, where you pay what you think is worthy of it, and lil Wayne with his sometimes free releases online. But they are the ones earning more money in digital downloads as well.
Ninety-five per cent of music downloaded online is illegal, a report by the International Federation of the Phonographic Industry (IFPI) has said.
The global music trade body said this is its biggest challenge as artists and record companies miss out on payments.
There has, however, been a 25% rise since last year with downloads now accounting for a fifth of all recorded music sales.
The IFPI said worldwide music market revenues shrank by 7% last year.
This was blamed on falling CD sales, while the increase in digital sales failed to make up for this.
The IFPI, which represents 1,400 companies in 72 countries, estimated more than 40 billion music files were illegally shared in 2008.
There were 1.4 billion single tracks legally downloaded in 2008, with the top-selling digital single, Lil Wayne’s Lollipop, selling 9.1 million copies.
BBC technology correspondent Rory Cellan-Jones said that despite the launch of many legal download services, customers still seemed to prefer to get their music free online.
The report revealed that the digital music business has grown steadily during the past six years.
In 2008, it grew by an estimated 25% and is now worth $3.7bn (£2.5bn)
Music fans in the UK downloaded 110 million single tracks in 2008 and bought 10.3 million digital albums – accounting for 7.7% of the market.
John Kennedy, chairman and chief executive of IFPI, said the industry had changed its approach to doing business.
He said: “There is a momentous debate going on about the environment on which our business, and all the people working in it, depends.
“Governments are beginning to accept that, in the debate over ‘free content’ and engaging ISPs in protecting intellectual property rights, doing nothing is not an option if there is to be a future for commercial digital content.”
Jim Killock, executive director of the Open Rights Group, said: “We are worried by the recording industry’s desire to clamp down on illicit file sharers.
“We need to see how much better these companies do by getting their services right before governments start pushing drastic and draconian laws forward.”
He added: “Growing online sales show the recording industry can win against illicit file sharing.
“If companies go further and offer the same sort of experience as P2P then they will win new revenues, and reduce copyright infringement, which we would welcome.”
[from BBC]
Here’s the official statistics in PDF if you dig.
Free VS Paid
Well, many will go the free way if they just want to listen to the bands and albums they they don’t really support. People don’t only listen to one favorite band/album. When they downloaded them free, they won’t have the incentive to go “pay and download” again if they really like the songs. They already have the songs in their hard disk man.
2 Comments
Hi!
People really like free item. Artist need to think a new way to make sure they will gain profit from their works.
See you around friend.
[Reply]
cya around
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