Study: MP3 Sharing Not Serious Threat To CD Sales
pkaral writes "The two distinguished gentlemen Strumpf and Oberholzer-Gee have most likely made RIAA executives choke on their lunches. Those two economists at Harvard and UNC-Chapel Hill have done the research and the math on how much CD sales are actually hurt by P2P sharing. The answer: A whopping one CD per 5,000 files downloaded. Needless to say, RIAA are already trying to discredit the study."
It may be piracy, but it's not stealing... it's called infingement, escape the common misconceptions ...
The # 5,000 does not even appear in it, and it says they sold MORE copies, not less.
they concluded that file sharing actually increases CD sales for hot albums that sell more than 600,000 copies. For every 150 downloads of a song from those albums, sales increase by a copy, the researchers found.
every day http://en.wikipedia.org/wiki/Special:Random
If you read the actual article, it says that the study concluded that file sharing INCREASES CD sales. On their "most pessimistic model", which is not the one they think is most likely correct, they compute a decrease in sales of 2 million CDs in 2002, which they say is statistically insignificant in comparison to the decrease of 139 million CDs sold between 2000 and 2002.
Available in PDF format via Koleman Strumpf's site.