The BBC has reported that the number of pirated cd's has hit a record high at 1.1 billion discs a year, though piracy has slowed according to a report. The IFPI (International Federation of Phonographic Industries) has reported that the sale of illegal cd's is now worth 4.5 billion dollars (£2.4 billion pounds) each year. Spain has been pointed out as one of the 10 worst offending countries, with the IFPI demanding immediate action from Spain 's government. The report estimates 35% of all cd's sold worldwide are pirate copies.
| The number of pirated CDs has shot up to 1.1bn discs The International Federation of Phonographic Industries (IFPI) reports the pirate music trade is now worth 4.5bn dollars(£2.4bn) each year. Spain has been singled out as one of the 10 worst offending countries, with the IFPI demanding government action. It is estimated 35% of all CDs sold in the world are pirate copies. |
If you ask me, piracy is bad but it's a counter balance. If everyone paid for every bit of software, imagine the prices we would be charged. Piracy is like a counter balance to companies greedy ambitions, it helps keep prices down. Do you think the music industry would try cutting prices of music cd's and sell songs through online services etc., if there was no illegal downloading or piracy? Doubt it, the prices would go up. It makes companies inovate and try to give the customer better choice.
Source: BBC
