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This had to have cost the record companies a lot of many in fact it actually costs them over 4.2 billion dollars a year. From the years 2000 to 2003 CD shipments were down about 31% and total revenues were down about 22% (Basen N.P.) Because bands were not making money off of people listening to downloaded songs, and it made it easier to pirate CD's it was made a copyright violator...
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From the years 2000 to 2003 CD shipments were down about 31% and total revenues were down about 22% (Basen N.P.) Because bands were not making money off of people listening to downloaded songs, and it made it easier to pirate CD's it was made a copyright violator. Also because bands were not making a profit it makes it even harder for newer bands to make it in a business that's already tough enough to make it in to...
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