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File-sharing versus the economy (3) |
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The following is an exert from the New York Times. This published with reference to a study conducted by Harvard: |
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NEW YORK (AP) - Peer-to-peer (P2P) sharing of music files over the Internet does not hurt new music sales, contrary to what some music companies fear, a new study shows.
"Downloads have an effect on sales which is statistically indistinguishable from zero, despite rather precise estimates," authors Felix Oberholtzer of the Harvard Business School and Koleman Strumpf of the University of North Carolina-Chapel Hill wrote Tuesday.
Oberholtzer and Strumpf added that their conclusions "are inconsistent with claims that file sharing is the primary reason for the recent decline in music sales."
The recording industry has argued file-sharing was behind a ten percent slump in 2003 sales. |
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This article makes the point that file-sharing programs are not the reason for the recent decline in music sales. This is true, because music sales have been consistently decling since 1990; long before the first file-sharing program. Continue for a graph proving this point. |
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