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For the major music labels the sales of recorded music represent the majority of their revenue, but a different picture emerges when looking at the income of individual musicians. A new survey among 5,000 U.S. musicians of different genres shows that on average only six percent of all revenue comes from recorded music. The research concludes that copyright law mostly affects the revenue of the highest-income musicians in a direct fashion.
The RIAA is certain, piracy has a devastating impact on the music industry.
However, a comprehensive study by Professor Peter DiCola of the Northwestern University School of Law shows that musicians themselves are divided on the subject. The survey questioned more than 5,000 United States artists on a variety of subjects, including unauthorized file-sharing.
Of all artists about a quarter say that they are hurt by online file-sharing, but just as many believe that file-sharing helps them. The remaining half have no opinion on the matter or didn’t answer the question.
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