It's Not File Sharing The Recording Music Problem: It's The Price!
Contrary to the music industry gneral propaganda, the sky is not falling down. After several years of warnings about the dire consequences of P2P file sharing for music sales, the Australian Record Industry Association yesterday released sales figures for 2003 showing an increase of nearly 8 per cent. Album sales topped 50 million units, up from nearly 47 million in 2002. But even more dramatic was the increase in music DVDs where sales doubled in the year to nearly 5 million units. Lower prices have often been suggested as a way to address falling sales internationally but it was resisted for many years by the record companies here, who were putting a lot of effort into legal action against individuals and organisations involved in file sharing and copying.
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