Digital albums accounts for 26% of the US album sales.
July 5th, 2011 EMINEM'S "RECOVERY' BECAME FIRST ALBUM TO SELL 1 MILLION DIGITAL COPIES IN THE U.S.
NUMBER OF SONGS SOLD by the ITUNES STORE, 15+ billion.
Since 2004 music industry has increased digital revenues by 1000%, Global market revenues fell 31%
15+ BILLION NUMBER OF SONGS SOLD by the ITUNES STORE...
30 billion songs downloaded on file sharing network.
ANNUALLY, U.S. INTERNET USERS CONSUME $7-$20 BILLION WORTH OF DIGITALLY PIRATED MUSIC.
ANNUALLY, THE GLOBAL ECONOMIC COST OF MARITIME PIRACY IS $7-$12 BILLION.
A STUDY IN OCTOBER 2010 FOUND 98.8% OF FILES REQUESTED ON LIMEWIRE WERE NOT AUTHORIZED FOR FREE DISTRIBUTION.
Digital theft hurts more than rich musicians Digital theft will cause an estimated 1.2 Million jobs lost in Europe by 2015 across the film, music, software and TV industries.
This is 3 times as many jobs as McDonald's employs worldwide.
CREATED BY: www.riaa.com/toolsforparents.php?content_selector=resources-for-students IFPI Digital Music Report 2011; "2010 Form 10-K, McDonald's Corporation' - United States Securities & Exchange Commission;
www.eminem.com/news/default.aspx?nid=3594; "The Economic Cost of Maritime Piracy - One Earth Future (0EF) Foundation"; www.WebpageFX.com.