A study for the recording industry lobby group BPI said yesterday, at least 1.2 billion songs will have been illegally downloaded by the end of 2010 in Britain.
The estimated figure dwarfs the 370m tracks expected to be bought legally in 2010.
Music industry executives said the figures underlined the scale of the problem facing record labels and other investors who are reluctant to spend on new talent when revenues are being undercut.
Illegal downloading "is a parasite that threatens to deprive a generation of talented young people of their chance to make a career in music, and is holding back investment in the fledgling digital entertainment sector," said Geoff Taylor, BPI chief executive.
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1 comment:
thanks Media Mentions, that's a great help
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