Wednesday, March 31, 2004

Wired News: Maybe the Music's Just Lousy?

Wired News: Maybe the Music's Just Lousy?: "'We find that file sharing has only had a limited effect on record sales,' Felix Oberholzer-Gee of Harvard Business School and Koleman Strumpf of University of North Carolina-Chapel Hill said in their report. 'The economic effect is also small. Even in the most pessimistic specification, five thousand downloads are needed to displace a single album sale.'"

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