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... due to value-addition, price reduction and internet-friendly strategies that software companies are experiencing healthy growth.

Following these examples, Music industry could come out of the perpetual shadows of piracy. It needs to bear in mind that Internet is always going to be around and people will find some way to download free music, therefore instead of fighting against it, they should utilize this technology to reach global markets and increase revenues. Free music has thus become a perpetual threat as The Economist reports “File-sharing on KaZaa was 1,491% higher in June 2002 than in June 2001, according to ComScore Media Metrix, ...

... musicians themselves decide to offer one or two new songs on their site free of cost. Some musicians have tried this successfully but since it is not being done on a larger scale, piracy is still as big a threat as it was during Napster days. However it has been noticed that free music often leads to higher CD sales because consumers have had a chance to preview music. In 2000, when Napster was still functioning, RIAA reported sales worth 57 billion as 420 million units were purchased (See reference 5). Music industry needs to stop cursing piracy for all its problems and must build ...

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