A new study has shown that music piracy is still rampant in the United States with 57 million people between the ages of 13 and 50 accessing music through unauthorized sources. Interestingly, however, these pirates also spend significantly more money on CDs and paid downloads, more than their counterparts who only consume legally.
Over the past several years numerous studies have looked at the effects of piracy on the music industry.
One very consistent result seems to be that pirates are not by definition cheapskates. On the contrary, they tend to spend more money on merchandise, theater visits and concerts.
This week a new study conducted by the entertainment industry research firm MusicWatch confirmed this trend.