Online Piracy Still a Threat to CD Sales

Despite success in suing people who download music illegally and in reaching deals with personal networking sites like YouTube, the music industry is still bleeding millions of dollars in sales to online piracy. It is a major issue for an industry that is desperately trying to boost revenue from legal downloads to make up for falling sales of compact discs, which declined 23 percent globally between 2000 to 2006.

  • Read the article: Reuters