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)

Create a new thread in the UK News comments forum about this subject
This thread is closed for comments
No comments yet
Comment from the forums
    Your comment