Swedish Music Biz Claims Piracy Victory As Digital Music Sales Increase 80 Percent

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Has the tide turned against bedroom P2P file-sharers in the music industry’s epic fight against piracy? The IFPI’s branch in Sweden—the home of illegal file-sharing—is reporting that Swedish music sales rose 18 percent in the first nine months of the year, after seven years of consecutive decline, following the introduction the anti-piracy IPRED law (via Guardian.co.uk).

Of that increase, nine percent comes from a rise in physical sales, while a whopping 80 percent is attributed to digital revenue: Swedes are buying the tunes they used to borrow.

The Intellectual Property Rights Enforcement Directive (IPRED) was introduced in April and threatened to make it easier for rights holders to hand over pirate’s IP addresses to the authorities. At first it appeared that the law had strengthened pirates’ resolve. But since then it’s been cited as the reason behind a 60 percent reduction in file-sharing in Sweden. And now the economic benefits of clamping down on BitTorrent culture are trickling through…]

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1 Comment

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