Record labels count cost of music piracy
British record labels lost the equivalent of £650m to illegal computer downloads over the last two years, according to the music industry’s trade body.
The British Phonographic Industry said record labels lost £376m last year - up nearly £100m on the £278m they lost the year before - in the music business’s first attempt to quantify the financial cost of illegal downloads.
Read the complete story . (Guardian)
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