Digital piracy not harming entertainment industries: study
Source: CBC News
A new study by researchers at the London School of Economics suggests the music and movie industries have been exaggerating the impact digital file sharing has had on their bottom line and found that for some creative industries, copyright infringement might actually be helping boost revenues.
Researchers within the British university's media department examined sales data and found that the music, gaming, movie and publishing industries are all growing and adopting new business models based on digital sharing.
The study found that internet-based revenues have been a significant component of the music industry's growth since 2004 as the industry has slowly adopted methods of distributing and consuming content modelled on those used by file-sharing services and sites such as BitTorrent, Pirate Bay and the now defunct Napster, which pioneered music file sharing in the 1990s.
"Contrary to the industry claims, the music industry is not in terminal decline but still holding ground and showing healthy profits," said study author Bart Cammaerts, senior lecturer in the LSE Department of Media and Communications, in a release. "Revenues from digital sales, subscription services, streaming and live performances compensate for the decline in revenues from the sale of CDs or records."
Read more: http://www.cbc.ca/news/business/digital-piracy-not-harming-entertainment-industries-study-1.1894729
= new reply since forum marked as read
this was the case. Nice to see my hunches have some merit.
Cher