Buy custom The Internet'S Effect On The Music Industry
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In 2005 the industry lost more than 300 million dollars because of sales of illegally copied discs (Bridis). Earlier, in 2003 CD sales went down 8.3% and have since then declined (Gundersen). Last year, there was an 11% decline in worldwide music sales because of piracy (Mansfield). This information made 2007 the worst year for the music industry in over 25 years (Mansfield)...
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This information made 2007 the worst year for the music industry in over 25 years (Mansfield).
Next, it is only fair that we talk about the effect of piracy on the people who create the music. How does piracy effect artists? Similar to the companies that produce the music, artists are also losing money because of piracy (Mansfield)...
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