full articleA new study in the Journal of Political Economy by Felix Oberholzer-Gee and Koleman Strumpf has found that illegal music downloads have had no noticeable effects on the sale of music, contrary to the claims of the recording industry.
Entitled "The Effect of File Sharing on Record Sales: An Empirical Analysis," the study matched an extensive sample of music downloads to American music sales data in order to search for causality between illicit downloading and album sales. Analyzing data from the final four months of 2002, the researchers estimated that P2P affected no more than 0.7% of sales in that timeframe.
Official: file-sharing does NOT harm legal music sales
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Official: file-sharing does NOT harm legal music sales
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mr mixin
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Now they just need to do the survey again with data from 2006 instead of 4 years ago. 4 years is a very long time in P2P and internet terms.
I have actually bought more CDs as a result of downloading music. I own a lot of music on mp3 that i would never dream of buying, because i only wanted to listen to it once or twice. But having the ability to download and listen to music for free has meant that I've listened to a lot more than i used to, liked a lot more than i used to, and then bought a lot more than i used to
I have actually bought more CDs as a result of downloading music. I own a lot of music on mp3 that i would never dream of buying, because i only wanted to listen to it once or twice. But having the ability to download and listen to music for free has meant that I've listened to a lot more than i used to, liked a lot more than i used to, and then bought a lot more than i used to