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Originally Posted by initialsBB  Yeah, it's really tough to make any meaningful conclusions since all of this data we have is a mish mash of dollar amounts, units sold, and market percentages. I also just realized that some of these numbers are global and some are U.S. only.
Since those Nielsen numbers seem to be U.S. only let's look at the latest IFPI report instead. RESOURCES - IFPI publishes Digital Music Report 2010 - Global digital music trade revenues reach US$4.2 billion - More than a quarter of all recorded music industry revenues worldwide are now coming from digital channels
That means global music revenues are probably around 16.8 billion. Their report from 2000 says "The global music market was worth US$36.9 billion," so that seems to confirm the 50% drop. NEWS -
They didn't say anything in this year's press release about the rate of piracy, so we'll use their 95% figure from last year's report.
So $4.2 billion is 5% of $84 billion. Add in the $12.6 billion in physical sales and you get $96 billion. If you think that that 95% is all lost sales all lost sales, you would have to believe that the industry should have grown from $37 billion to $96 billion in the past decade. That doesn't seem realistic to me. |
I brought up the same facts to him in the piracy forum. He absolutely thinks the industry would have grown by that degree without piracy.