Legal downloads will not make up for drop in CD sales, record labels told

Guardian Unlimited reports that record companies shouldn’t rely on the stamping out of file sharing to plug their financial gaps. [quote]Despite the success of Apple’s iTunes, with 6.5m songs sold in just over three months, and a new crackdown on illegal file sharing, Jupiter estimates that digital sales will account for only 7% of the US market in 2003 and will not offset declining CD sales hit by piracy and illegal downloads.[/quote] To read the full article and to voice your views on this issue, head over to the Off Topic forum. See the topic: :icon2[url=http://forum.mjeol.com/index.php?showtopic=6663]Legal downloads won’t make up for drop in CD sales[/url]