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MUSIC: Warner chief says piracy is declining --STL Today
12/06/2005
Warner Music Group Corp. Chief Executive Edgar Bronfman Jr. said music piracy is abating as the record industry cracks down on offenders and sells more legal music online.
The industry's five-year legal fight against unauthorized downloading or sharing of songs is starting to pay off after thousands of music fans were sued and file-sharing companies such as Grokster Inc. were shut down. New York-based Warner Music says downloads accounted for 6 percent of its fiscal fourth-quarter revenue.
FROM ASSOCIATED PRESS, BLOOMBERG NEWS AND DOW JONES NEWS REPORTS
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User Comments
 ron77
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Date: December 9, 2005 @ 12:56 AM
Yeah Right, They just found a better way  |
FrenchToast3000
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Date: December 9, 2005 @ 2:51 AM
Wow that's a new spin on the 5 year sue-em-all poo-storm, featuring the usual magical numbers to support their fishy claims. Congrats, Edgar, job well done!
Boycott still in effect btw.
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Olde-Phart
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Date: December 9, 2005 @ 6:08 AM
Bah, maybe people have less interest in the product, and they aren't even using it as much any more.
Now, they would definitely hate to admit THAT.
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grrargghh
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Date: December 9, 2005 @ 8:49 AM
Olde-Phart-
Thats exactly whats happening. I think not only would they not admit it, but they are too stupid to even realize it. Good call.
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 gdZiemann
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Date: December 9, 2005 @ 9:48 AM
If downloads were 6 percent of their revenue, that means CD sales have fallen off a cliff.
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jsk2001
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Date: December 9, 2005 @ 1:56 PM
Even in WB TV shows, the characters give out pirated copies of music...
Maybe parents shouldn't let their kids watch these shows any more if the same company telling kids to do it, is also suing them.
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Mike (Shmoo)
