Magazine
Latest Issue

Technically speaking

John Lewis needs a new motto

By Azeem Azhar   June 2004

In defence of file-sharing

The entertainment business is still in a twist about file-sharing over the internet. Does it hurt over-the-counter sales of music and movies or does it give industry the opportunity to tap into a vibrant and profitable online market? Most people in the industry believe it is the former. But that case has recently been doubly undermined. First, a paper by academics Felix Oberholzer-Gee and Koleman Strumpf concludes that “file-sharing has no statistically significant effect on purchases of the average album” and that sharing actually increased sales of popular CDs. In the second case, siliconvalley.com reported that…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect