Piracy still dogs music industry

Started by Sudhakar, Jan 17, 2009, 06:32 PM

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Sudhakar

Piracy still dogs music industry
Fri, 16 Jan 2009 20:55:44 +0530



Jan 16 - Legitimate digital music sales grew strongly in 2008 but were still dwarfed by the scale of illegal downloads according to new data from the trade body IFPI.

The report shows that legal digital global sales grew by an estimated 25 percent to 3.7 dollars USD billion in trade value, to account for about 20 percent of the industry's global recorded music sales, up from 15 percent in 2007.

Matt Cowan reports.


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