Music Piracy Market Value: $4.5 Billion

Posted on May 10, 2008
Filed Under Black Market Index, counterfeit and piracy |

Music Piracy is the unauthorized copying, selling, and distributing of licensed music without the permission of the copyright holder.

The IFPI states the pirate trade in music is valued at $4.5 billion.

Source: International Federation of the Phonographic Industry (IFPI), “ The Recording Industry 2006 Piracy Report,” July 27, 2006, pg.4, (last accessed: November 1, 2006).

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