Community | February 02, 2012 | 0 comments

Actually The Entertainment Industry Had An Amazing Decade

source: http://www.businessinsider.com/rupert-murdoch-is-wrong-heres-proof-that-digital-media-isnt-c...

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News Corp. CEO Rupert Murdoch frequently tweets about how web pirates are destroying the entertainment business by stealing its content and preventing studios from making a profit. But a report by Floor64's Michael Masnick, released by the Computer and Communications Industry Association, shows the opposite is true: The entertainment industry is not being killed by the world wide web. In fact, it's exploding: "Through a decade of economic and technological upheaval, the entertainment industry grew 50 percent while consumers increased spending on entertainment," claims the report.
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