95% of All Digital Music Downloads are Still Illegal

It has been reported that 95% of all digitial music downloads are illegal. The Digital Music Report stated that people are buying more music, but the damage caused by piracy will cost until 2015 more than a million creative jobs.

The worldwide trend is still going away from the CD and is moving to music files from the internet. In 2010, sales of downloaded music rose by 6% to 4.6 billion U.S. dollars (3.4bn euros). Meanwhile, nearly a third of the total turnover for record companies comes from digital business.

Everything is moving to the digital world and artists need to make sure they are going to be properly prepared for this shift.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

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