Music Industry Panic: Death by Piracy or Old Age?

'The global recorded music industry sales fell by nearly 1 billion last year as digital piracy continues to take it's toll' a report out today reveals. Physical product sales fell by 14.2% while digital sales have been growing slowly but steadily each year.



But is Piracy to blame or is this just another media panic? New means are available to purchase music which is not counted in traditional ways. Added to this there is now a vast selection of entertainment media to purchase. Some argue that the sales fall is simply part of a natural death of a now outdated music industry.

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