File Sharing has No Effect on CD Sales

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File sharing has no effect on CD sales, a pair of US academics have claimed.

The finding will not make pleasant reading for the music industry, which claims file-sharing is the cause of the huge decline seen in North American, German and Italian CD sales.

Harvard Business School Associate Professor Felix Oberholzer-Gee and Professor Koleman Strumpf of the University of North Carolina base their claim on research carried during the Autumn and Winter of 2002 to compare song download volumes with CD album sales.

The Register.co.uk