Study: P2P effect on legal music sales

This is has been sitting around in the draft bin for too long: Study: P2P effect on legal music sales “not statistically distinguishable from zero”
“A new study in the Journal of Political Economy by Felix Oberholzer-Gee and Koleman Strumpf has found that illegal music downloads have had no noticeable effects on the sale of music, contrary to the claims of the recording industry.”

Great news. Music sales go up and down because demand goes up and down, quality goes up and down, the economy and affordability and attractiveness of music varies.

One Response to Study: P2P effect on legal music sales

  1. bill_mcgonigle October 4, 2007 at 12:35 pm #

    And don’t forget the ‘entertainment dollar’ equation. Guess what came out the same time as Napster? DVD Players. For $10 at Wal*Mart you can get a copy of a 2-hour film that took $50 million to produce. For $16 at Wal*Mart you can get a copy of a 1-hour CD that took two orders of magnitude fewer dollars to produce. It’s shocking that people don’t see Music CD’s as the best place to funnel most of their entertainment dollar!

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