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UK Recording Industry: Record Sales for 2010, Still Says Piracy Hurting Industry

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  • admin
    Administrator
    • Nov 2001
    • 8917

    UK Recording Industry: Record Sales for 2010, Still Says Piracy Hurting Industry

    The BPI, UK's recording industry group, has released sales figures for 2010, and they show a dramatic increase in the number of items sold.

    Up 27% from 2009, 281.7 million units sold, the greatest ever annual results recorded by the BPI.

    However, revenue is down, and the BPI is blaming piracy for this downturn. In its statement, the BPI said that it estimates 1.2b tracks were downloaded illegally in 2010.

    However, there may be an far simpler and more likely explanation for the contrasting units sold and revenue figures. The increasing popularity of digital purchases means people are buying more single tracks than ever, but buying less and less full CD albums. The BPI's own numbers back this up, with CD sales down 12.4%.

    The BPI, however, attributes falling CD sales to online piracy. But that does not explain the rise in digital album sales, up 30.6%, even though digital media, in theory, should be more affected by digital piracy.

    More:

    Last week the BPI released their overview of 2010 sales volumes in the UK. As always, their press release was filled with claims that piracy is ruining their industry and most mainstream media was quick to republish this propaganda. However, we can use the very same data to show that more music is being sold than ever before, and argue that piracy is likely to have had very little impact.




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  • doctorhardware
    Lord of Digital Video
    Lord of Digital Video
    • Dec 2006
    • 1907

    #2
    No it is not due to illegal downloads, people are buying just the tracks they want from the CD instead of buying the whole CD. Why buy the whole CD when you can buy what you want. The record companies will always complain that the profits are down when in fact they aren't.
    Star Baby Girl, Born March,1997 Died June 30th 2007 6:35 PM.

    Comment

    • Budreaux
      Super Member
      Super Member
      • Jan 2006
      • 278

      #3
      Make a better album and folks will buy the album. Have just a few songs that folks like on the album and expect singles to out sell the whole album. These guys are not idiots. They know this already, but this is a way for them to exploit the piracy train.

      Comment

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