Wednesday, January 18, 2006

In-Stat is drawing rosy picture Chinese music industry

"Piracy is still the key blocking issue to developing China’s digital music industry, but online piracy is being attacked both by the government and industry music labels."

But according to a report (paid) by In-Stat there is light at the end of the tunnel:

"The end of 2007 will be the turning point for China’s legitimate digital music market. Unauthorized music companies are now in the process of, or have already made their services legitimate. Also, with the emergence of mega online music stores, legitimate online music will become a dominant service for users."

"Music labels, in association with the International Federation of Phonographic Industry (IFPI), are filing and winning copyright lawsuits in China."

Read more here

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