Music industry responds: 'It's all wrong'.
A new research published by the European Commission's Joint Research Centre shows that online piracy doesn't hurt digital music revenues. IFPI says the research is 'flawed and misleading'.
According to a report published by the European Commission Joint Research Centre, music web piracy does not harm legitimate sales.
In short, they've found out that “digital music piracy should not be viewed as a growing concern for copyright holders in the digital era. In addition, our results indicate that new music consumption channels such as online streaming positively affect copyrights owners.”
You can check out the full report HERE!
Meanwhile, and as expected, the International Federation of the Phonographic Industry (IFPI) said the research was "flawed and misleading":
So, what do you think about this?
NEWS SOURCE #1: Technology #21856720 (via) BBC News
NEWS SOURCE #2: New research music piracy should not be a concern for copyright holders (via) ArsTechnica
Our thanks to 'Gauss' for this news item!