Did File-Sharing Cause the Recording Industry to Collapse? UK Economists Say No
Date: Saturday, March 26, 2011 @ 11:05:52 UTC

Now comes a paper from the London School of Economics that argues that everything Big Content says about file sharing is wrong. In fact, it suggests that file sharing is the future, and that revenue downturns can largely be explained by other forces. "The music industry is performing better than is being claimed and declining sales can be explained by other factors in addition to illegal filesharing," say Bart Cammaerts and Bingchun Meng of LSE's Department of Media Studies. Complete Article

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