Blaming Piracy, Music Industry Says It's Lost a Third of Its Value Over Past 7 Years

It's a familiar refrain from the music industry: sales are down and piracy is to blame. That's the gist of the the International Federation of the Phonographic Industry's (IFPI) annual Digial Music Report, which points to a slowdown in the growth of digital music sales. While digital music revenue has grown 1000% over the past seven years, the entire music industry has lost a third of its value over that same time period. And while digital music seems to ... Full Story »

Posted by Ellie Kesselman - via Johan Jessen (t), Mark Pegrum (t), Ayo Cari Rumah (t), Josh_Young (t), Ray Nichols (t), Moises Figueroa (f), Fabrice Florin (f)
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Posted by: Posted by Ellie Kesselman - Jan 20, 2011 - 8:13 AM PST
Content Type: Article
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Edited by: Ellie Kesselman - Jan 20, 2011 - 9:27 AM PST

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Ben Waldron
3.6
by Ben Waldron - Jan. 20, 2011

While this article lacks expert analysis, it is bolstered by the statistics at the bottom. It includes a quotation from the CEO of the International Federation of the Phonographic Industry, but doesn't include any specific insights from the other side of the spectrum.

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Alexandria Rainey
4.0
by Alexandria Rainey - Apr. 7, 2013

This is an example of good journalism, because it is very factual. The author has many experts sited and statistics of the rate of record sales incorporated in the article. It is interesting to read that piracy is taking over, while record sells are rapidly increasing. People these days are more interesting in cheaper things, and are alwasy looking to buy things for less than they're worth. I blame this on the economy and the recession. Because of this fact, no one is buying CDs as often as they were so record companies are suffering from the declining sales.

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