Sweden sees music sales soar after crackdown on filesharing
Posted in: Online TV/Music at 24/11/2009 17:23
Thank you for the music - or rather thank you for paying for the music - to misquote Abba.
Record labels are pointing to the dramatic rise in music sales in Sweden, just months after the country introduced anti-piracy laws, as evidence of what a similar crackdown in Britain could do to the flagging market.
Figures from the record labels association IFPI Sweden show revenues rose 18% in the first nine months of this year, a significant reversal from seven consecutive years of decline. Much of the rise came after April's implementation of an anti-piracy law and a ruling against the operators of The Pirate Bay, the filesharing site. The two events generated a great deal of interest and deeply divided debate about copyright in Sweden.