Unlicensed P2P Value: $69 Billion in 2007

Unlicensed P2P Value: $69 Billion in 2007: “If you could total the quantity of unlicensed tracks within the vastness of the P2P community, then apply a reasonable fee to those tracks, you would end up with a very large monetary number. $10 billion? $50 billion? Just how much untapped money, relevant to the music industry, is circulating in the P2P community? MultiMedia Intelligence, who recently stated P2P growth will top 400% in 5 years, has pegged a monetary number to unlicensed music. The number: $69 billion.”

(Via Slyck.com File-Sharing News And Information.)

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