Online Music Piracy Doesn’t Hurt Sales, European Commission Finds | TorrentFreak

P2P sharing has been blamed for the drops in sales for the music industry. The real cause is the lack of new media options. When people needed to replace their 8-tracks with tapes, the industry boomed. When they did the same thing to embrace cd’s, even bigger boom. The same thing did not happen with MP3 because you didn’t have to re-buy anything as you could just suck your cd’s into mp3s. The falling sales were just the result of the slow death of the tape. I don’t think it helped that much of the music produced during this sales drop off period was terrible.

File sharing is good for the industry. Obviously, the industry needs to send these people to jail and fine them millions of dollars.

New research published by the European Commission’s Joint Research Centre shows that online piracy doesn’t hurt digital music revenues. The researchers examined browsing habits from 16,000 Europeans and found that there’s a positive link between online piracy and visits to legal music stores, irrespective of people’s interest in music. The study concludes that the music industry should not see piracy as a growing concern.

Research into online piracy comes in all shapes and sizes, often with equally mixed results. The main question often is whether piracy is hurting sales.

A new study by The Institute for Prospective Technological Studies, which is part of the European Commission’s Joint Research Centre, tackled this question in a unique way. With data from more than 16,000 European Internet users they determined what the effect was of people’s access to pirate sites on visits to online music stores.

The results are now published in a paper titled “Digital Music Consumption on the Internet: Evidence from Clickstream Data,” and the researchers found that overall, piracy has a positive effect on music sales.

“It seems that the majority of the music that is consumed illegally by the individuals in our sample would not have been purchased if illegal downloading websites were not available to them,” they write.

In addition, the researchers are also the first to find that free and legal streaming websites don’t cannibalize legal music purchases.

“The complementary effect of online streaming is found to be somewhat larger, suggesting a stimulating effect of this activity on the sales of digital music,” they comment.

Most of the effects were found by comparing people’s visits to “pirate” websites and legal music stores. After controlling for interest in music, the researchers found that visits to pirate websites are positively linked to visits to legal music stores.

“If this estimate is given a causal interpretation, it means that clicks on legal purchase websites would have been 2 percent lower in the absence of illegal downloading websites,” the researchers write.

 

via Online Music Piracy Doesn’t Hurt Sales, European Commission Finds | TorrentFreak.

Advertisements

Mind Control Headphones | neurowear “mico” instruction movie

Headphones which detect your brain’s mood and chooses an appropriate soundtrack. It makes me wonder, if you’re always in the same crappy mood will it just keep playing the same crappy songs. It would be cool if the software could track which types of songs improve your mood. It also makes me wonder if your brain is controlling it, or if it is controlling your brain.

neurowear “mico” instruction movie (脳波ヘッドフォン) – YouTube.