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Effects Of Downloading Music Online In The Music Industry.

Published on Nov 21, 2015

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PRESENTATION OUTLINE

The Effects of Digital Downloading in the Music Industry.
By: Kieryn Branham

Music sales in America have dropped 47% since "Napster" first debuted in 1999.

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30 billion songs were downloaded online between 2004 and 2009.

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Music piracy cost the US economy between $200 and $250 billion per year.

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To recoup some of the losses, the music industry has filed lawsuits against individuals who have been found illegally downloading music.

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Every one of the music files downloaded everyday is counted as a lost sale.

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2 billion dollars in lost wages to American workers.

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People who are found distributing copyrighted material may find themselves facing a law suit.

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Global music piracy causes 71,060 U.S jobs to be lost every year.

Photo by Anirudh Koul

95% OF DOWNLOADS ONLINE ARE ILLEGAL