File-sharing winners and losers

Yes the profits of music companies are dropping, but at the same time the revenue share for the actual artists is increasing.

It’s interesting too that, overall, industry revenues have grown in the period - though admittedly not by much - which arguably adds strength to the notion that, when the BPI releases its annual report claiming how much ‘the music industry’ has suffered from the growth in illegal file-sharing, what it perhaps should be saying is how much the record labels have suffered.

For other people in the industry, not least artists, the future arguably holds more promise.