Legal Digital Downloads Up 10 fold
My Way News: "LONDON (AP) - The recording industry reports a tenfold increase in the number of people legally downloading music from the Internet and the first significant revenues brought in by digital sales.
The International Federation of the Phonographic Industry, or IFPI, also says it will continue its campaign of suing people who illegally download music, a practice it claims severely erodes the profits of its 1,450 member record companies across the globe.
The IFPI said Wednesday that music fans in the United States and Europe legally downloaded more than 200 million tracks in 2004, up from about 20 million in 2003."
I'm glad to see digital music gaining so much popularity. The problem is the IFPI smells blood in the water now. Digital music has become such big business that recording executives are going to want free file sharing shutdown even harder. As the recording industry embraces digital music as a format, they look to shutdown the people who showed them how valuable the medium could be.
The International Federation of the Phonographic Industry, or IFPI, also says it will continue its campaign of suing people who illegally download music, a practice it claims severely erodes the profits of its 1,450 member record companies across the globe.
The IFPI said Wednesday that music fans in the United States and Europe legally downloaded more than 200 million tracks in 2004, up from about 20 million in 2003."
I'm glad to see digital music gaining so much popularity. The problem is the IFPI smells blood in the water now. Digital music has become such big business that recording executives are going to want free file sharing shutdown even harder. As the recording industry embraces digital music as a format, they look to shutdown the people who showed them how valuable the medium could be.
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