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Music Pirate Sales Hit Record 1.1 Billion Discs But Spread Of Fake CD Trade Slows
By Mi2N
(more articles from this author)
2004-08-01
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Illegal music sales valued at US$4.5 billion in 2003; a record 35 percent of all music discs sold worldwide are illegal copies. Traffic in fake CDs grows more slowly, with stepped up enforcement actions

Global sales of pirate music have hit another record at 1.1 billion discs annually, but thanks to stepped up enforcement efforts the fake CD trade is spreading more slowly than in recent years. Music piracy remains a huge, US$4.5 billion illegal business driven by organised crime, government apathy and corruption.

These are the highlights of a new report published today by the international music industry (IFPI). The report includes a wake-up call to governments, singling out ten priority countries - four in Asia, three in Latin America and three in Europe - where wholesale anti-piracy offensives are most urgently needed.

Global sales of illegal music discs rose 4 percent in 2003 and the global average piracy rate increased to a record 35 percent. The ratio of illegal to legal CDs sold continues to increase: in 2000, one in five CDs sold worldwide was a pirate copy; in 2003 the ratio was one in three, and rising.

Encouragingly, music disc piracy in 2003 grew at its slowest rate in four years, indicating that enforcement efforts by industry anti-piracy teams, and by some government enforcement agencies, are now having a significant impact. There were record levels of seizures of discs and a huge increase in seizures of CD copying equipment.

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» Music Pirate Sales Hit Record 1.1 Billion Discs But Spread Of Fake CD Trade Slows


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