• Most Popular
  • Most Shared

FACTBOX-Music piracy by numbers

Wed Nov 21, 2007 11:15am EST

(Reuters) - Police have arrested three people on suspicion of being involved in one of the country's biggest Internet-based music and film piracy rings, officials said on Wednesday.

Here are five facts about the cost of music piracy in Britain:

* 37 million fake CDs were sold in 2005

* Each year, piracy costs the industry 16.5 million pounds in lost album sales

* The average price of a fake CD is 2.48 pounds, compared to 8.15 pounds for a genuine record.

* About one in 10 people has bought a pirated CD.

* Four in five music pirates illegally claim benefits

(Source: BPI)



More from Reuters

Photo

Senate panel approves Bernanke nomination

WASHINGTON (Reuters) - The U.S. Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term, sending it to the full Senate for a final confirming vote. | Video

A girl sits on her father's shoulders in front of a globe with an interactive display during an Earth Hour ceremony at the townhall square in central Copenhagen December 16, 2009. Credit: REUTERS/Christian Charisius

U.N. talks at "critical juncture"

Climate talks were given a second chance after the U.S. backed a $100 billion global fund to support poor countries. What else will it take to hammer out a deal?  Full Article 

Bernd Debusmann

Burning borrowed money

The Pentagon burns through $5 million in borrowed money every hour in Afghanistan and the amount is expected to more than double once additional troops are deployed.   Commentary