CRMN 3021U Chapter 5.5: Week 5.5

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Document Summary

The authors of this article speak to the pressing danger towards the music industry, music piracy. The beginning of the article analyzes quantitative research and discloses that in just one year in 2002, the units sold in the music industry fell by 8%. The music industry attributes the decline of the industry sales to music piracy and file sharing. Millions of people illegally download files and share them, every day. Mass downloading of illegal files is growing faster than any other activity on the internet. Many of those who illegally obtain music files are blaming the music industry for having increasingly high prices for albums, and as a result, over. 40% of music albums sold are pirated copies.

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