Wednesday, May 03, 2006

The Times weighs in on the impact of music piracy on revenues

In their article on today's EMI-Warner Music developments, the Times hedges a bit on the impact of music piracy:

Record companies have been scrambling to secure footing in the digital market as they suffer a lengthy slump in CD sales, in part because of continuing piracy of music.

Nonetheless, they still feature unchallenged that standard explanation from the RIAA. No other explanation is cited. Therefore, the reader is left with the impression that piracy is the single largest factor in the slump in CD sales.




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