Study Finds That Piracy Has Zero Effect on Music Sales

Bosses of the music and movie industries have focused on blaming pirate activity for all negative financial results, and have ignored the fact there's a decline in leisure spending across the world, says the LSE. They conclude that pirates are not to blame for a drop in sales. Instead, people are simply spending less on leisure pursuits because they're faced with higher bills, lower pay rises and less job security.