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+-   Music Industry Study Says: "Embrace Piracy" on Sunday August 03 2008, @07:31PM unassimilatible

Submitted by unassimilatible on Sunday August 03 2008, @07:31PM
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unassimilatible writes "According to the Financial Times, the music industry should embrace illegal file-sharing websites, according to a study of Radiohead's last album release that found huge numbers of people downloaded it illegally even though the band allowed fans to pay little or nothing for it.

The study by the MCPS-PRS Alliance, which represents music rights holders, and Big Champagne, an online media measurement company, found that legal downloads of In Rainbows were far exceeded by illegal torrent downloads of the album.

"The expectation among rights-holders is that, in order to create a success story, you must reduce the rate of piracy — we've found that is not the case," said Mr Garland, chief executive of Big Champagne, who highlighted the benefits that Radiohead received from the album's popularity, including strong ticket sales for its concerts this year."
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