Trix and jsl used our newssubmit to tell us about an interesting article over at Newsbytes.com. The article discusses a report that has taken a look at the popular statement, especially often mentioned by the music industry, that peer-to-peer software is damaging the record industry:
"As long as they resort to ham-handed scapegoating of consumer behaviors as a way to explain their poor performance," Jupiter Media Metrix entertainment analyst Aram Sinnreich said today, "they'll never make the steps it takes to evolve this industry."
Contrary to charges that Internet song-swapping is killing the music industry, new research authored by Sinnreich contends experienced online song-swappers are more likely to buy new music than average music fans, not less. The data was culled from a June 2001 survey of more than 3,000 adult online music listeners.
The same research also concludes that other popular computer technologies including broadband Internet access and writable CD drives are measurably sapping music industries revenues. But even with these revenue-draining technologies, the report says, the message is not a simple one.
"Jupiter has ascertained that technologies like file sharing, broadband and CD-writable drives do indeed influence consumers' music spending habits - in both directions," Sinnreich contends in his report, which was obtained by Newsbytes Wednesday. "In essence, such technologies polarize the market."
Among all fans of online music, he writes, 29 percent said their music spending habits had changed. Of those, 19 percent reported more spending and 10 percent reported less. But peer-to-peer (P2P) file-swappers were 41 percent more likely than average online music fans to have increased music spending levels in 2001, according to the research.
Well we already knew this all along You can read the complete article by clicking on this link.
Source: Newsbytes
