Friday, March 25, 2011

LimeWire shutdown led to a massive decline in US music piracy

The Recording Industry Association of America (RIAA) sued LimeWire and caused it to shut down last year. LimeWire was a popular music sharing software, which was being used by people to download illegally distributed music. A lot of people used it and music piracy in the US declined by a lot after its shutters were pulled down.

There's a lot more after the break.
TorrentFreak reports that P2P music downloaders decreased by 43% since this time last year. Based on a survey by the NPD Group of over 5,000 Americans, the number of music pirates dropped from about 28 million to just about 16 million in a year.

However on the other hand, the market share for other programs like FrostWire went up after LimeWire shut down. In this year, the share of FrostWire went up from 10% to 21%.

Want to know how the BitTorrent (Peer2Peer) protocol works? Go here.
What are your views about the music industry and piracy? Comment on this article and let me know.

[TorrentFreak via Download Squad]