It All Depends On How You Define ‘Bad’

“Exactly how bad a year did the music industry have in 2003? It depends who’s asking. According to Nielsen Soundscan, American labels sold 687 million units (including 19.2 million paid downloads) last year—a drop of less than 1 percent from 2002. A widely cited survey from the Pew Internet & American Life Project suggests that file sharing has plummeted since the Recording Industry Association of America started threatening traders with lawsuits… Of course, it may be more correct to say that half as many Internet users are willing to tell a pollster that they download music—these days, the first rule of File Club is you do not talk about File Club.”