“Piracy is killing the music industry"

For more than a decade the music industry has claimed that piracy is the main cause for the gradual decline in revenues. Music industry has seen a decline in sales of physical CDs and all this time it has put the blame on piracy.

But on the other side because of piracy a lot of people who would not buy a Cd for the set price will bui it at a cheaper price. Pirated CDs will go all over the world, while the artiste loses out on Cs sales; they will hain more from live shows. In my opinion it is a win and a lose situation.

Nowadays digital revolution is the main way of piracy. I think digital piracy has become the main fact of this decline in sales not sales of pirate physical CDs. But on the other hand with the growing popularity of the Internet, computers and most importantly MP3-players, music fans have started to trade in their CDs for MP3s and other digital files. In 2003 the iTunes store opened, selling over a million tracks in the first week. So I think digital revolution maybe isn’t the biggest problem.

In conclusion, musicians have different ways of earn money and sales of CDs has gone down but as I say before stores like iTunes are big sources of money so music industry isn’t being killed it is just changing.