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ExtraTorrent.cc > Articles > IFPI Study Revealed 30% Decline in Music Sales

IFPI Study Revealed 30% Decline in Music Sales

IFPI Study Revealed 30% Decline in Music Sales

Added: Tuesday, January 25th, 2011
Category: Bit Torrent Freedom > The Industries Of Records, Gaming, Software, Movies
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
The International Federation of the Phonographic Industry says that sharp drop in physical music sales can’t be offset by insignificant rise in digital sales. In addition, it says that there is an “increasing worldwide momentum” for the governments to stop peer-to-peer. As usual, the outfit didn’t pay any attention to the fact that digital sales will never be able to offset physical sales, just because music fans now can purchase a single track for 99 cents as opposed to the outdated business model demanding $19 for an album.

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After the IFPI has released its annual music industry report, it turned out that its results were almost as surprising as what the IFPI requires to do to fix them. Along with all other entertainment industry representatives, the IFPI believes that digital music is similar to physical one, which would be equal if there were no unauthorized file-sharers. The report states that last year CD sales experienced further sharp decline while digital music sales increased by insignificant 6%. At the same time, the report doesn’t mention that people are no longer willing to own clunky, outdated CDs.

As it has been said and proved many times before, digital music sales will never be able to match the physical music sales, at least because the album is now unbundled. Today music fans aren’t forced to purchase a whole album to only listen to a couple good songs they liked on the radio – now they are free to get the greatest hits for just 99 cents.

Meanwhile, the IFPI’s CEO insists the entertainment industry needs “legal tools” to combat unauthorized file-sharing. She claims that action to stop online music piracy is currently gaining momentum worldwide, pointing at “ISPs implementing warnings in 3 countries in 2010” and expecting governments in other countries to follow them in 2011. The examples announced are Ireland, South Korea, and France.

The only problem is that there is no “worldwide momentum.” As for South Korea, it only passed “three-strikes” bill after the United States hinged a ”free trade” agreement on its passage. Considering that there are almost 50 million Internet users in South Korea, with only 31 of them having been accused of illegal file-sharing for the past 2 years, the conclusion is obvious. Ireland isn’t the better example, with just one ISP warning its subscribers for unauthorized file-sharing, while other ISPs in the country are fighting back, the Ireland’s High Court ruling in their favor. Finally, France has shown the results of only 4% warned Internet users quitting illegal file-sharing, with the rest considering the activity a “national sport”. That’s all about “worldwide momentum.”




By:
SaM
January 25th ,2011

Posted by: 
SaM

Date:  Tuesday, January 25th, 2011



Comments (2) (please add your comment »)

1
posted by Site FriendET lover (2011-01-25 15:31:05)
vimzin avatarthx SaM nice read ..i just share something today when i came out from office and i saw a person who sell a pirate CDS and DVDS ..when i search for music DVDS i saw a cover of jennifer lopez ..named as release of 2011 .i ask him is it the new release of 2011 and he say yes , and i even ask him that the female in the picture sing all this songs and he say yes all r new release from her.(i know jennifer lopez never release a album 2011) ,now i have the DVD, more than 107 new release of 2010 and some release in 2011. i will soon reelase in ET. this is what happen in my country about a single music DVD ..30% decline :)) i laugh as m a cost accountant great SaM

2
posted by (2011-01-26 13:19:58)
DEMONLORD avatarlol, creat good music and people will buy, create bad music and people will not buy or only take what they need any way possible to save money



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