Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Swedish music sales rise post-piracy

Subscribe to our Newsletters

TEXT OF STORY

Stacey Vanek-Smith: Anti-piracy laws in Sweden appear to be paying off. Music sales have spiked in that country since a crack-down on illegal file-sharing. Stephen Beard has more.


Stephen Beard: Over the past five years, global musics sales have slumped by a third. But suddenly Sweden has bucked the trend. Sales there have soared, up 18 percent this year.

Two key factors could be at play. Sweden passed a new law earlier this year making it easier to prosecute illegal file-sharing. And a court convicted the operators of the Pirate Bay filesharing site.

Adrian Strain is a record industry spokesman:

Adrian Strain: The combination of those two events, we think, has helped bolster the legitimate music market. And I think that’s quite an important case study for the rest of the world.

He says there’s been a similar development in South Korea. Music sales have also risen there following a crackdown. He says it’s far too soon to call the end of illegal downloading, but Sweden’s experience is encouraging.

In London, this is Stephen Beard for Marketplace.

What's Next

Latest Episodes From Our Shows

Listen
7:37 AM PDT
6:54
Listen
2:34 AM PDT
7:59
Listen
1:37 PM PDT
1:50
Listen
Sep 26, 2022
17:39
Listen
Sep 26, 2022
28:08
Listen
Jul 7, 2022
30:13
Listen
Aug 9, 2022
24:46
Exit mobile version