Wednesday, April 07, 2004

OOH, OUR INDUSTRY IS IN POOR SHAPE: The latest set of global music sales figures have been released by the IFPI, which is the RIAA pretending it listens to what Guatemala thinks. But even the IFPI has trouble with the party line, admitting that much of the decline in world sales (seven per cent) is down to competiton from other media and poor economic conditions as much as the old bugaboo Piracy and those damn kids with their damn computers; and they have to concede that the market is showing signs of recovery in some of the key markets. They don't, however, bother to mention that the seven per cent drop is in the value of sales, and not in the actual number of records being sold.

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