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ExtraTorrent.cc > Articles > UK Digital Music Sales Exceeded 500 Million

UK Digital Music Sales Exceeded 500 Million

UK Digital Music Sales Exceeded 500 Million

Added: Monday, September 27th, 2010
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
This figure can quite prove the fact that the digital music industry is actually thriving, though the record labels claim the opposite and demand the enforcement of the Digital Economy Act as a necessary means to punish unauthorized downloaders in the attempt to create a healthy marketplace.

headphones1-200x200.jpg

Another news has surfaced that the British digital music industry is doing very well despite the claims made by the music industry, when trying to convince the government in the opposite. BPI (British Phonographic Industry) has spent many years complaining that unauthorized downloads have been destroying the industry. The BPI tried to secure its major victory in this fight with the passage of the DEA, which will make the citizens face “three-strikes” regime, Internet filtering, and ban on public Wi-Fi.

Meanwhile, the industry refuses to explain the results of the studies proving that total annual revenues of the industry have been increasing every year within the last decade, and that’s what they’ll most likely do with the latest disclosure that digital music sales achieved a half-billion mark.

As the Official Charts Company said, the number of purchased downloads in the country has passed 500 million for the first time in the history of the industry, but was quite predictable if consider the steady growth over the last decade. BPI made an interesting comment on the news, saying that the UK music fans succeeded to push the digital revolution to new heights. At the time they must have forgotten that they were the ones pleading the government officials to pass the Digital Economy Act. Their argument was that the music industry would most likely collapse if no measures were taken to fight unauthorized downloading.

As for the Official Charts Company itself, they believe that such outstanding results just prove that UK music consumers have taken the idea of legal music download services very enthusiastically. And they are right. The fans will always be there, consuming the content, they just need to be provided with the appropriate way of consuming – available from anywhere and at affordable price.

The BPI itself admits that Britain has become one of the most vibrant digital music markets throughout the globe, with around seventy legitimate music services making it able to achieve half a billion sales thanks to the innovation alone, which the industry lacks.



By:
SaM
September 27th, 2010

Posted by: 
SaM

Date:  Monday, September 27th, 2010



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