Organised Crime is Killing Music (not kazaa)
It's not just Record Companies that are killing music as I thought last week. It's also organised crime. "...the biggest culprit in falling music sales is large-scale CD piracy by organised crime. In just three years, sales of pirate CDs have more than doubled, according to the International Federation of the Phonographic Industry (IFPI) and every third CD sold is a pirate copy."[BBC]
Young people now spend more cash than ever on phones, clothes, dvd's and computer games. There is more competition for the cash in their pockets. Another factor is that less CD's are being produced, partly because people have now finished replacing their vinyl collections.
So what's this got to do with file-sharing? The Record Companies are barking up the wrong tree.