Why is it a problem; does filesharing damage music sales?
Aside from the fact that filesharing infringes and undermines the rights of the creators and investors in music, it’s enormously damaging to music sales. If record companies are unable to derive income from music sales, that means less money to invest in new music. This is not only bad news for record companies but also for musicians who rely on that investment and for consumers, who want to keep on listening to exciting new British music.
