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Phono Association laments nearly a billion illegal music CDs

Phono Association laments nearly a billion illegal music CDs

According to IFPI, the international phono federation, nearly 1 billion (950 million) pirated music CDs were sold last year for a total of $ 4.3 billion. Original music CDs were sold for 38 billion dollars last year.

For example, five percent fewer music CDs were sold in 2001 compared to the previous year, the first slump on the CD market since the introduction of the music CD 1983. The IFPI spokesman called for tough action against the masterminds of the pirates. The smaller CD dealers in particular would have to suffer as a result and would have to struggle with a drop in income