CNN reports that pirate
CD sales are currently exceeding 1 billion copies a year. Also the total pirate music market is worth an estimated $4.6 billion last
year, up 7 percent from 2001 and global music sales tumbled 7.2 percent to
$32.2 billion in 2002. Reasons are said to be the availability of pirated CDs,
especially in countries with low incomes, and downloading of pirated
music.
The IFPI In a country where the average wage is still More and more people are now downloading |
Seizures of private music discs increased by 37
million in 2002 . Fifty million pirate discs were seized, split equally between
illegally produced pressed music CDs and illegal copies made on CD-R. Read
more on CNN.com
Source: CNN.com