File Sharing and CD Sales, Again

Andrew Leonard writes "Stan Liebowitz, an economist studying the effects of file-trading on the music industry, says in an article in Salon that new numbers have convinced him that the decline in CD sales may be partially attributable to MP3 downloading. But he also argues that the decline does not justify draconian new laws."

Comments

Re:Obviously there is some mistake

[User 956]

According to this well written story, music sharing actually increases music sales.

I'll be the first to admit that I stopped buying CD's because I download all my music from the internet.

That, and I have a $500/day cocaine habit. Well, at least until I became incarcerated for molesting farm animals, which keeps me from making that trip over to Tower Records. So I guess that's three reasons I stopped buying CD's:

1) I download music from the internet.
2) Heavy narcotics use.
3) Felony conviction for molesting farm animals.

But overall, I'd say my main problem is downloading music from the internet.