The IFPI has emphatically noted today that revenue from legal music sales in Sweden has jumped 18 percent since February, thanks to the strong effort in the nation to crackdown on piracy and the shut down of the admins of the infamous torrent tracker The Pirate Bay.
Physical media sales jumped 9 percent in the reported period and digital sales increased 80 percent.
IFPI chairman and chief executive John Kennedy added (via The Guardian): "The increase in sales in Sweden, set against the backdrop of innovative new digital services and tighter copyright laws, is encouraging.It is too early to say if Sweden has permanently turned a corner, but we hope that users there will permanently switch from unlicensed filesharing networks that give nothing back to the music community to great value legal services whose operators recognize continuous investment is needed to discover and promote the talent of tomorrow."
IFPI chairman and chief executive John Kennedy added (via The Guardian): "The increase in sales in Sweden, set against the backdrop of innovative new digital services and tighter copyright laws, is encouraging.It is too early to say if Sweden has permanently turned a corner, but we hope that users there will permanently switch from unlicensed filesharing networks that give nothing back to the music community to great value legal services whose operators recognize continuous investment is needed to discover and promote the talent of tomorrow."
