Good news for everybody who enjoy filesharing here in Canada, it will remain leagal and totally free, a great day for the underdog. In light of Danko's recent tv appearance where he supported downloading we know this will make him pleased. Here is the story, enjoy: news.com.com/2100-1027_3-5182641.html?tag=nefd_lede
Internet Piracy And Lax Copyright Laws Contribute To Lower Music Sales Monday March 13, 2006 @ 07:00 PM By: ChartAttack.com Staff
Music sales fell again in Canada last year, and the recording industry continues to blame online file-sharing and inadequate copyright legislation for the dwindling revenues.
Net music sales in the country dropped by $23.36 million, or four per cent, to $608.71 million in 2005, according to the Canadian Recording Industry Association. While sales stabilized in 2004, they've been declining steadily for almost a decade. At the same time, P2P file-swapping continues to grow.
Retail sales of pre-recorded CDs and cassettes dropped by $541 million, or 41 per cent, between 1999 and 2005. During that same time, employment in the recording industry dropped by 20 per cent.
A Pollara study estimates that 1.6 billion music files are swapped each year in Canada, and the music industry insists that the nation's copyright laws don't properly or adequately protect intellectual property rights in the digital realm.
"It's astonishing that a sophisticated nation like Canada has dragged its feet for so long while the rest of the world has adapted its copyright laws to the digital age," said John Kennedy, the chairman/CEO of the International Federation of the Phonographic Industry (IFPI), while in Toronto on March 2 for Canadian Music Week. "The digital music world is moving on. Canada must move with it, or its whole music culture will suffer."
An IFPI report states that digital revenues accounted for six per cent of record company sales globally last year, but less than one per cent in Canada. The report emphasizes that in the U.K. and Germany, where digital copyright reform has been implemented, legal purchasers using sites like iTunes and MSN now exceed illegal file-swappers. In Canada, however, illegitimate downloads outnumber legal sales by hundreds of times.
Canada is the seventh largest music market on the planet and has a 25-per cent broadband internet penetration rate, second in the world only to South Korea. But the Organisation For Economic Co-operation And Development cited the country last year for having the highest online piracy rate per capita around the globe.
"It is no exaggeration to say that today, in the context of the emergence of the digital music business internationally, Canada feels like the land of lost opportunity," said Kennedy.
"The policy of neglect will hurt Canada's music community and the development of new talent. Careers of homegrown Canadian artists are going to be strangled at birth. That is bad for the economy, bad for culture, bad for creation and bad for entertainment."