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The Sound Of Music
More and more Internet users are taking the high road when it comes to music downloading. Earlier this month, iTunes announced it had sold its 500 millionth song, and the International Fédération Phonographique Industrie said the number of legal music tracks downloaded internationally tripled to 180 million in the first half of 2005. The Informa Media Group estimates that digital music downloads will account for nearly $2 billion worldwide in 2010, and that in combination with hard format sales and subscriptions the music industry will realize over $6 billion in total Internet-derived revenue. The IFPI postulates that the current surge in broadband use globally is benefiting the legal music business while illegal file sharing remains virtually flat. Legal music downloads in the first six months of 2005 in the US, UK, Germany and France outstripped the total for the whole of last year. Single track downloads in those markets rose to 180 million in the first half of 2005 compared to 157 million for the whole of 2004. That is more than three times the 57 million downloads of the first half of 2004. Data from Ipsos-Insight confirm that — in the US, at least — every year more and more users are turning to pay sites to download their music. Responding to the demand, there are now over 300 legitimate digital music download sites available worldwide — three times the number of a year ago. The IFPI suggests that this shift in consumer attitudes is in response to the well-publicized legal actions against file-sharers in a dozen countries. If, as the IFPI claims, more than one-third of file-sharers surveyed in the US and UK cites "fear of legal action" as the main reason for stopping illegal file sharing, perhaps it is. The record industry started taking legal actions against illegal file sharing in September 2003, and since then 14,227 actions have been announced. Lawsuits are continuing in Austria, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Japan, the Netherlands, the UK and US. "We are now seeing real evidence that people are put off by illegal file-sharing and turning to legal ways of enjoying music online," said John Kennedy, IFPI Chairman. "Whether it's the fear of getting caught breaking the law, or the realization that many networks could damage your home PC, attitudes are changing, and that is good news for the whole music industry."
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