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

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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=]Legal downloads won’t make up for drop in CD sales[/url]

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