I read a very interesting Forbes article on music
piracy. My intent was to find out if
music piracy is actually hurting or helping the music industry in terms of
sales. Some of you may wonder how music piracy
could help sales. It all depends on the
motive behind the piracy. If people are
listening to pirated versions on songs in order to get a better feel for the
music (see if they like it), then having access to the full song may convince
them to purchase it (the music will sell itself). However, if people are listening to a pirated
version of the song because they don’t feel like paying for it (supporting the
artist is not important to them), then piracy will hurt sales.
This
Forbes article sited two studies that had contrasting results. In the end, the true answer wasn’t
revealed. So, why did I still like the
article? There was an interesting twist
at the end where the author started to discuss the impact of the digital world
on the music industry. Instead of
writing my own blog about all of this (and restating everything in the
article), I thought it would be a good idea to just reference a link to the
article. Check it out.
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