Net music piracy ‘does not harm record sales’

“…Felix Oberholzer-Gee at Harvard Business School in Massachusetts and Koleman Strumpf at the University of North Carolina tracked millions of music files downloaded through the OpenNap file-trading network and compared them with CD sales of the same music.

The music industry frequently claims that illegal file-trading is responsible for reducing legitimate music sales. The industry says this argument is the reason for their legal campaign of suing individual file traders over the past year.

However, the researchers conclude: ‘At most, file sharing can explain a tiny fraction of this decline.’ “