A fascinating survey of music consumption conducted for British Music Rights has good and bad news for the beleaguered music business.
The bad news: online file sharing is more prevalent than other surveys suggest. The good news: a lot of people are willing to pay for a service that offers legal, licensed P2P file sharing. Half the people surveyed think distributors such as large telecomms companies should pay creators from the proceeds of such a license. And a surprisingly large number of people still value physical music goods, with two thirds of potential subscribers to legal P2P saying that they would continue to buy CDs.
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