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 Home > News > Optical Storage > Napster...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, February 26, 2001
Napster said to hurt CD sales


"...Recording industry officials have brought forth new evidence in their attempt to prove that Napster has cut into their business. Shipments of CD singles sank by 39 percent last year, according to data released by the RIAA. "Napster hurt record sales", said RIAA president Hilary Rosen. In particular, Rosen pointed to the drop in the sales of singles, once the format that fueled the music industry, as evidence of Napster's affect. The industry released the figures after a federal court ruled this month that the service helped users to violate music copyright laws. Financial penalties and an injunction have placed the future of the popular service in question..."



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