The International Federation of Phonographic Industries (which if you read it fast looks like “The International Federation of Pornographic Industries”) reports that 180 million single tracks were downloaded legally in the first six months of the year, compared to 57 million tracks in the first half of 2004 and 157 million for the whole of last year.
This explains why Apple had such a ridiculous earnings quarter for Q3.
“Whether it’s the fear of getting caught breaking the law, or the realization that many networks could damage your home PC, attitudes are changing, and that is good news for the whole music industry,” notes John Kennedy, IFPI chair.
Via USA Today
