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Keyword: recordexecutives

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  • Stop Music For Free, Pleads Record Industry

    07/10/2002 1:02:19 PM PDT · by Reaganwuzthebest · 283 replies · 1,255+ views
    Reuters via Yahoo ^ | July 10, 2002 | Paul Majendie
    BRUSSELS (Reuters) - The record industry pleaded on Wednesday with consumers to stop downloading and recording music for free because piracy was strangling the multi-billion-dollar industry. Profits have plummeted, especially in Europe. CD sales in Germany last year were 185 million whereas the number of blank CDs used to copy music was estimated at 182 million. Record executives also believe there are now more unauthorized music files available on the Internet than at the height of Napster ( news - web sites)'s success in the field. "Music for free means less new music, fewer new artists, less choice, thousands less...