REWIND: From The Australian, June 19, 2008
NEW measures to combat illegal downloading are the best hope of rescuing the Australian music industry from its current slump, says the Australian Music Industry Association. The association’s head, Stephen Peach, was reacting to this week’s figures from the International Federation of the Phonographic Industry, which showed the lowest global CD sales since 1985, with Australia among the countries last year, which resulted in a 10 per cent decline in revenue from $512 million in 2006 to $462 million last year. ‘‘ This is part of a global trend,’’ Mr Peach said. ‘‘ It’s a mirror of what is happening around the world.’’
The IFPI figures showed that world CD sales dropped from 2.09 billion albums in 2006 to 1.86 billion last year. In 1985, 1.8 billion albums were sold, with the format peaking at
by making internet service providers more responsible for stopping the trafficking of illegal files was an Australian Recording Industry Association priority, as it was for a number of equivalent industry bodies in other countries.
Although piracy is still rampant worldwide, legal digital downloading was the biggest area of growth in the local market last year, with