Music Piracy Costs over 10 Billion Dollar Price Tag
Illegally downloading the latest Top 40 hit is costing global economy an estimated $12.5 billion a year, according to a Tuesday report from the Institute for Policy Innovation (IPI). While there are some who might question the impartiality of IPI, there is no denying that billions of revenues are lost to the music and record companies as a result of folks for paying for that they are supposed to. The problem of course is whether what we are presently "supposed to be doing" is indeed the right thing to do.
Such difficult questions apart, if you have an idea that can stop music piracy, you know where to go to cash in on your billion dollar idea.
News Source
No comments:
Post a Comment