Comments on: RIAA hasn’t paid artists http://overlawyered.com/2008/03/riaa-hasnt-paid-artists/?utm_source=rss&utm_medium=rss&utm_campaign=riaa-hasnt-paid-artists Chronicling the high cost of our legal system Sun, 27 May 2012 13:04:59 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Nicolas http://overlawyered.com/2008/03/riaa-hasnt-paid-artists/comment-page-1/#comment-11413 Nicolas Sun, 30 Mar 2008 09:46:57 +0000 http://overlawyered.com/wpblog/?p=6036#comment-11413 And this, Mr. Nuesslein, is why illegal music downloads continue to thrive while legal music sales are still heading downward briskly? Theory, meet reality: Sales of Music, Long in Decline, Plunge Sharply March 21, 2007 Wall Street Journal <a href="http://online.wsj.com/article_email/SB117444575607043728-lMyQjAxMDE3NzI0MTQyNDE1Wj.html" rel="nofollow">http://online.wsj.com/article_email/SB117444575607043728-lMyQjAxMDE3NzI0MTQyNDE1Wj.html</a> Digital sales of individual songs this year have risen 54% from a year earlier to 173.4 million, according to Nielsen SoundScan. But that's nowhere near enough to offset the 20% decline from a year ago in CD sales to 81.5 million units. Overall, sales of all music -- digital and physical -- are down 10% this year. And even including sales of ringtones, subscription services and other "ancillary" goods, sales are still down 9%, according to one estimate; some recording executives have privately questioned that figure, which was included in a recent report by Pali Research. Meanwhile, one billion songs a month are traded on illegal file-sharing networks, according to BigChampagne LLC. And this, Mr. Nuesslein, is why illegal music downloads continue to thrive while legal music sales are still heading downward briskly?

Theory, meet reality:

Sales of Music, Long in Decline, Plunge Sharply
March 21, 2007
Wall Street Journal
http://online.wsj.com/article_email/SB117444575607043728-lMyQjAxMDE3NzI0MTQyNDE1Wj.html

Digital sales of individual songs this year have risen 54% from a year earlier to 173.4 million, according to Nielsen SoundScan. But that’s nowhere near enough to offset the 20% decline from a year ago in CD sales to 81.5 million units. Overall, sales of all music — digital and physical — are down 10% this year. And even including sales of ringtones, subscription services and other “ancillary” goods, sales are still down 9%, according to one estimate; some recording executives have privately questioned that figure, which was included in a recent report by Pali Research.

Meanwhile, one billion songs a month are traded on illegal file-sharing networks, according to BigChampagne LLC.

]]> By: William Nuesslein http://overlawyered.com/2008/03/riaa-hasnt-paid-artists/comment-page-1/#comment-11412 William Nuesslein Sun, 30 Mar 2008 07:07:49 +0000 http://overlawyered.com/wpblog/?p=6036#comment-11412 Good grief! Artists can not benefit directly from the occasional lawsuit by RIAA; there just isn't enough money there. They benefit indirectly, if at all, by having potential customers pay for its music in lieu of steeling it. Good grief! Artists can not benefit directly from the occasional lawsuit by RIAA; there just isn’t enough money there. They benefit indirectly, if at all, by having potential customers pay for its music in lieu of steeling it.

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