“Global music sales declined 22 per cent over five years to 2003 in countries rapidly adopting high-speed broadband internet connections.”
This was in the Sunday Morning Herald a couple days ago. These statistics make no sense whatsoever. Why? Well, first of all, I very much doubt the RIAA pulls in a lot of money from ‘developing countries’.Secondly, most of the downloading occurs in the developed countries. So, they should be interested in the statistics for those countries. Why don’t they mention the statistics there? Because the sales are rising in the US . Yesterday, the RIAA releasd a report that doemstic music sales increased for the first time in five years. That means, since 1999, music sales did not incraese year to year. However, music sales did increase from 1999 to 2000. I couldn’t find figures for other years.
Back to the first statement..why is the RIAA worried about sales in developing countries?I hdon’t have a clue.I can’t imagine the developing countries make up more that 10% of RIAA’s sales (I couldn’t find figures).
Sales increased till 2000. Sales dipped from 2001-2003 because of the economy. Sales increased in 04 because of improving economy.Sales will probably continue to improve. Various research firms have at different periodss reported that downloading is up/down. However, music sales seem to always be down. In 2002, researches at Harvard and UNC conducted a study on the effect of downloading on music sales. Their conclusion? Nothing.Nada.Zero.More recent research also shows that there is no conclusive evidence that there is any relationship between p2p downloads and music sales.
I think I’ve established that the RIAA propaganda is baseless. My advice to the RIAA: quit worrying about downloads and put the money in the bank instead of paying your lawyers. Besides, your lawsuits are working. At least on me.
Another thought : If as the RIAA says, p2p downloads hurt music sales, then last year (2004), p2p downloads should have decreased. Well they increased. So, if p2p downloads increased and sales increased, how can there be any correlation between p2p and music sales ?
Note 1 : Sunday Morning Herald requires compulsory registration. Login/password is available on bugmenot.com.
Note 2 : This post is mirrored on my blog.
Note 3 : Prince is one of the (few) artists who have spoken out against the record labels.