95% downloaded online is illegal

A new study has found that 95% of all music downloaded online is done so illegally, it has been reported.

The issue of music downloads remains a sore point for the industry. Struggling to adapt to the new online environment, many labels still view the internet with suspicion.

A new study by the International Federation Of the Phonographic Industry (IFPI) has found that over 40 billion music files were shared illegally in 2008.

In comparison, only 1.4 billion files were downloaded legally with Lil’ Wayne’s new album proving to be the most popular with 9.1 million copies sold.

“There is a momentous debate going on about the environment on which our business, and all the people working in it, depends,” IFPI chairman John Kennedy said.

“Governments are beginning to accept that, in the debate over ‘free content’ and engaging ISPs in protecting intellectual property rights, doing nothing is not an option if there is to be a future for commercial digital content.”

The IFPI represents over 1,400 companies around the world.

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