Thursday, December 15, 2005


File-sharing called good for music biz

`The record industry has long considered online file-sharing a serious threat to its livelihood. But a new study released Tuesday suggests that consumer-to-consumer music recommendations — a growing feature of online music stores and Web sites — will benefit the industry, artists and fans alike. [..]

Nearly one-quarter of frequent online music users say that the ability to share music with others is a key factor when selecting an online music service. And a third were interested in technology that helps them discover and recommend music, such as tools that allow Internet users to publish and rank lists of their favorite songs. Perhaps most important for the recording industry, a tenth of those surveyed said they frequently make music purchases based on others’ recommendations.’

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