Piracy continues to cripple music industry as sales fall 10%

The rise of new services such as Spotify and legal crackdowns on online pirates failed to stem tumbling music sales last year, according to industry figures that show a dramatic slowdown in digital growth.Record labels struggling to make up for the sharp fall in CD sales by increasing downloads and other new revenue streams have blamed rampant piracy for a slowdown in the growth of digital revenues to 12% last year, taking total worldwide sales to $4.2bn (£2.6bn).
http://www.guardian.co.uk/business/2010/jan/21/music-industry-piracy-hits-sales

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