music_news 91 posts

A study by the Australian Institute of Criminology revealed that software and music industries couldn’t explain how they calculated piracy losses, even though this data was used for lobbying efforts and in court cases (The Australian reports).

According to The Australian, the Music Industry Piracy Investigations (MIPI) – a body responsible for “investigative and intellectual property rights enforcement related services to the Australian music industry” did not know how piracy estimates were calculated as data it collected was processed by the IFPI in London. The MIPI manager commented that: "The reason … [she] wasn't personally aware of how they are prepared is because they are compiled by the IFPI… They have a group that has been doing this for some time."

Also the report noted that often the following misleading assumption is used to... read more

Sales of music on-line show record growth while the CD sales continue to decline. As recently released data from IFPI shows - in the first half 2006:

- Global legal digital music sales rose 106% to $945m (which is 11% of the total recorded music market and twice as much as at the end of 2005).
- The US music market has one of the biggest figures for digital music share (18%). In other countries this figure is: South Korea (51%), Japan (11%), Italy (9%), UK (8%), Germany (5%) and France (5%).
- In the US digital sales increased by 84%.
- Global music sales are down 4% (and are now $8.4bn in trade values, or $13.7bn at the retail level). In 2005, the sales declined by 3%.
- Revenues from sales of music in physical formats declined 10% (compared to the 6,7% decline in whole 2005.)

IFPI Chairman and CEO John Kennedy has said he expects digital sales to make up for the decline in physical sales.

As IFPI claims piracy and peering affects music sales to great extent. This notion is used to explain the... read more