The industry group representing the five major music labels this week blasted a Jupiter Media Metrix report on peer-to-peer file sharing, issuing its own data to “refute” Jupiter’s conclusion that Internet song-swapping, on balance, is good for the music industry.
Jupiter reported in late April that experienced online song-swappers are more likely to buy new music than average music fans, not less. The data was culled from a June 2001 survey of more than 3,000 adult online music listeners.
The report, by analyst Aram Sinnreich also concluded that other popular computer technologies including broadband Internet access and CDR drives do measurably sap music industries revenues.
However, even those technologies cut both ways, according to Jupiter. Among all online-music fans surveyed, 29 percent said their music spending habits had changed. Of those, 19 percent reported more spending and 10 percent reported less. But peer-to-peer file-swappers were 41 percent more likely than average online music fans to have increased music-spending levels in 2001, according to the research.
“The boost outweighs the bust,” Sinnreich wrote.
Sinnreich’s report was written in the wake of figures released by the International Federation of the Phonographic Industry (IFPI), which showed that 2001 music sales dropped 6.5 percent from 2000, counting all recorded formats – CDs, CD singles and cassette tapes. The IFPI blamed the losses largely on “mass copying and Internet piracy.”
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