FACTBOX-Illegal music downloads

Wed Feb 7, 2007 12:25pm EST
 
[-] Text [+]

(Reuters) - Five facts about digital downloading.

-- Sales of compact discs have fallen by more than 23 percent between 2000 and 2006 according to the global music trade body IFPI

-- Napster was the first major peer-to-peer file sharing network. It was founded by Shawn Fanning in 1999 and shut down after legal action by the music industry in 2001

-- The Recording Industry Association of America has successfully shuttered or reached agreements with BearShare, eDonkey, Grokster and Kazaa since 2005.

-- Apple's iTunes Music Store is the world's biggest digital music outlet and has sold more than 2 billion songs since its 2003 launch

-- More than 1 billion songs are swapped for free every month on file swapping networks, according to Web consultants Big Champagne.

(Compiled by Yinka Adegoke in New York)

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video