More music, more filesharing, less money
As consumers, we all acquired more music than ever last year. That’s great for us, but, predictably, it sucks for the music industry because in the advent of free music downloads, filesharing and cheap legal music downloads, we’re actually spending less now than we were before.
Ultimately, we are the ones who are benefiting because we are getting more music and spending less money, leaving us free to buy other things, such as beer and peanuts. An increase in legal music downloads last year wasn’t enough to offset the decrease in CD sales.
About 20% of all Internet users, including us, used filesharing programs like Ares or Limewire last year. Hurray for us. Filesharing is also rampant among US teens. What this tells us is that the next generation of bureaucrats are going to be pro-filesharing. Our children will have good times, but they won’t have very big CD collections.
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free music download websites 03Mar08
I like the idea of us having more money to buy beer and pea nunts:) I guess the music industry is going to have to re think how they operate and get with the program.
samoondra 05Mar08
yup, free music download has been a serious concern at present. I just can’t imagine myself being a musician and devoting a lot of time and working hard on a piece of solo only to be illegally owned by music lovers via free music download websites.
KillZone 2 12Mar08
CD sales are also declining because people are using iTunes. I think sometimes these record companies cry foul, but they present statistics that make their case look worse than it is.
Sheen 14Mar08
Many music companies are getting angry as more and more people are downloading and not purchasing CD’s like they want.
I am all for downloading!
Franca Richard 20Mar08
Thanks for sharing but I am looking for a place with more music, more filesharing with free charge,