Learning English - Words in the News
23 May, 2008 - Published 11:26 GMT
Songwriters and music publishers now earn more money from downloads and broadcasts than they do from CD sales, according to the latest copyright figures. They show that the music business grew last year by almost three per cent. This report from Torin Douglas:
Most downloads are still illegal, bringing no earnings to songwriters and artists. But income from legal downloads grew by more than fifty per cent last year, according to the MCPS PRS alliance which distributes the rights income. That helps revenue from online and broadcast music to overtake earnings from physical products, such as CDs.
Broadcasting still dominates, but downloads are growing fast, helped by online systems, such as Apple's itunes. Now commercial radio companies are hoping to take a share by enabling listeners to download music as they hear it on the air. Simon Cole, of UBC media group, which has developed the 'clic' system, claims most music fans are happy to pay, if it is made easy:
COLE: It's absolutely nothing new that some people will try to rip off music and they'll do that however you do it, whether you produce it on CDs or digital files. But if you offer the vast majority of people the chance to get music at a fair price in a way that's easy and efficient, they'll do it that way.
If that faith in human nature is confirmed, the income from downloads is set to grow even faster.
Torin Douglas, BBC
bringing no earnings
to take a share
on the air
to rip off
the vast majority of
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To take away:
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