STUDY: Artists Earn More in a P2P World
Revenue earned by artists from both concerts and recorded music sales has risen steadily over the past 5 years as revenue earned by labels has declined dramatically, making the case that the only loser from illegal file-sharing have been the record labels. Music labels have been the most vocal critic of file-sharing, doing everything they can to discredit the litany of studies proving the beneficial effects of P2P on artists. One of the more recent was the International Federation of the Phonographic Industry (IFPI) stand against a UK Digital Music Survey which found that two-thirds of those who illegally download music spent an average of £75 ($123 USD) a year on music versus £44 ($72 USD) by those that don’t.
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STUDY: Artists Earn More in a P2P World
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