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Downloaders Spend More Dollars On Music (TDW)
In other words, when the RIAA cracks down on piracy, it is biting the hand that feeds them. The report notes (pg. 21) that “Our study confirms numerous others on this point, including work by RIAA survey firm NPD (2012), the British government Ofcom (2012), and French enforcement agency HADOPI (2011).” The report also notes that “As copying and downloading for free diminish in the 30- to 49-year-old group, purchasing remains the same, suggesting that these practices are mostly complementary to legal acquisition, not strong substitutes for it.” So the idea that every illegally downloaded song represents lost profit is about as credible as the MPAA’s assertions that the invention of the VCR would destroy the movie industry.
Related: Rhapsody Founder Rob Reid debunks the $ 58 Billion Cost of Piracy.