The first panel at the Future of Music's annual policy summit in D.C. on May 2 and 3 is certain to generate fireworks.
WASHINGTON--The first panel at the Future of Music's annual policy summit in D.C. on May 2 and 3 is certain to generate fireworks.
One of the subjects of the 9:15 am ET Sunday panel is whether illegal downloading had led to decreased industry sales. Two university economists with totally different file-sharing data conclusions will face off.
Stan Liebowitz, a professor at the University of Texas, says his research indicates that file-sharing has definitely hurt the industry. Meanwhile, Koleman Strumpf, an associate professor at University of North Carolina at Chapel Hill, says his studies conclude that the practice is not the cause of the industry's decline.
And Mary Madden, a research specialist at Pew Internet & American Life Project, is expected to release a study analyzing musicians' views about distributing music through the Internet. A FMC executive director who has seen the initial findings of 3,000 musicians polled, says "50% are enthusiastic and embrace it and 50% are lukewarm or terrified."