Music being burned onto CDs is becoming a bigger threat than P2P file-sharing to both the music industry and record stores. The news comes from Recording Industry Association of America chief Mitch Bainwol, speaking for his bosses and the RIAA’s owners, the members of the Big Four record label cartel. Home-made CDs accounted for 29 percent of all recorded music obtained by fans in 2004, said Bainwol.
Loading ...
New Threat, Same Old Story
Posted by: Jon Newton August 16, 2005 05:00 AMMusic being burned onto CDs is becoming a bigger threat than P2P file-sharing to both the music industry and record stores. The news comes from Recording Industry Association of America chief Mitch Bainwol, speaking for his bosses and the RIAA’s owners, the members of the Big Four record label cartel. Home-made CDs accounted for 29 percent of all recorded music obtained by fans in 2004, said Bainwol.