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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1668 |
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The International Federation of the Phonographic industry (IFPI) claimed the decline in sale as result of fact that the commercial value of music is devalued by mass of copping and piracy, piracy cost the industry over $10 billion per annum. In Germany 18% of 10000 surveyed consumers said burning CDs results in their buying less music...
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In Germany 18% of 10000 surveyed consumers said burning CDs results in their buying less music. In United States About 70% of people download music and burn it to CDs, as 35% saying we download music from the internet and now buy less music as a result.
3.2. Development and growth
The music industry dominated by a big five recording companies ( Sony, Universal, EMI, Warner Music & Bertelsmann) that collectively accounted for over 90% of global music sales are now have been affected by the piracy and buy less of CDs...
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