95% of Music Downloads Illegal: Industry

40B tracks shared illegally, group claims
By Harry Kimball,  Newser Staff
Posted Jan 19, 2009 3:06 PM CST
Graphic shows sales of CDs since 1995.   (AP Photo)
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(Newser) – Nearly all—95%—of music downloads globally are illegal, at least according to the industry, Techdirt reports. The numbers come from the International Federation of the Phonographic Industry and indicate that even a 25% increase in online music purchases last year couldn’t overcome the effects of piracy. According to the IFPI, revenues around the world are down 7%.