Techdirt: Study Suggests Shutting Down Filesharing Sites Would Hurt Music Industry, New Artists

Techdirt: Study Suggests Shutting Down Filesharing Sites Would Hurt Music Industry, New Artists. “… there has been an update to a study first publicized as a work in progress several years ago run by the Information Economics and Policy Journal out of Queen’s University. Based on that study, it looks like attempts to shut down filesharing sites would not just be ineffectual, but disastrous for both the music industry as a whole and especially new and smaller-ticket artists. The most popular artists, on the other hand, tend to be more hurt by piracy than helped. That isn’t to be ignored, but we must keep in mind that the purpose of copyright law is to get more art created for the benefit of the public and it seems obvious that the public most benefits from a larger successful music ecosystem as opposed to simply getting more albums from the largest audiences.”