Synopsis
Archived report. This report was archived in 2005 and has not been updated. Music will always be popular, and the ability to access it online has also proved to be extremely popular. The ease of sharing files on the Internet, and recent advances in file formatting have led to the proliferation of music piracy. This has caused great concern to the music industry which sees the rapid deterioration of its revenues from both sales and royalties, as evidenced by the Napster problems. This report discusses the latest developments in the online music industry, and the question of piracy.