Friday, March 25, 2005

Peer-to-Peer Music Sharing Isn't Harming CD Sales

According to the RIAA, CD sales are increasing. Now, the RIAA has been saying that P2P destroys music sales, so it follows that if they're selling more CDs there must be less P2P, right? Uh, no -- file-sharing is up, too (so CD sales should be falling right?).
The number of CDs and other music products shipped from record labels to retail merchants rose 2 percent last year, to 814 million units, the first annual increase in five years, according to the Recording Industry Association of America.
Check out the full story here.

[Thanks, BoingBoing!]

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