Digital Piracy

piracy DIGITAL $4.6 Bil. 13 Mil 400+ 29% tracks DIGITAL ALBUMS account for 2010 $420 Mil. 26% 2004 > 60 1 Ml tracks 2% Licensed Catalog Industry's Revenues from OF U.S. ALBUM SALES Music Services Available Digital Revenue Digital Channels the DIGITAL MUSIC INDUSTRY July 5th, 2011 EMINEM'S "RECOVERY" BECAME FIRST ALBUM TO SELL 1 MILLION DIGITAL COPIES IN THE U.S. NUMBER OF SONGS SOLD 15+ by the ITUNES STORE... BILLION Since 2004, the music industry has increased digital revenues by 1000%, Global market revenues fell 31%.wby? DIGITAL PIRACY PANDORA INTERNET RADIO SERVICE PANDORA 2004 – 2009 30 BILLION songs downloaded has 75+ Million SUBSCRIBERS on file sharing networks 98.8% A STUDY IN OCTOBER 2010 FOUND 98.8% OF FILES REQUESTED ON LIMEWIRE WERE NOT AUTHORIZED FOR FREE DISTRIBUTION ADAKISS ANNUALLY, THE GLOBAL ECONOMIC COST OF MARITIME PIRACY IS ANNUALLY, U.S. INTERNET USERS $7-$12 BILLION CONSUME $7-$20 BILLION WORTH OF DIGITALLY PIRATED MUSIC McDonald's Donald's DIGITAL THEFT HURTS MORE THAN RICH MUSICIANS Restaurant estaurant McDon Bentaurant Digital theft will cause an estimated 1.2 Million jobs lost in Europe by 2015 across the film, music, software and TV industries. . This is 3 times as many jobs as McDonald's employs worldwide. SOURCES CREATED BY www.riaa.com/toolsforparents.php?content_selector=resources-for-students Webpage FX IFPI Digital Music Report 2011 "2010 Form 10-K, McDonald's Corporatior" - United States Securities & Exchange Commission www.WebpageFX.com www.eminem.com/news/default.aspx?nid=35941 "The Economic Cost of Maritime Piracy" - One Earth Future (OEF) Foundation