Monday, September 17, 2012

Torrent nation

We ranked 10th among the top BitTorrent users in the world for music and we use it mainly to pirate Maroon 5 tunes.

Musicmetric's DMI, short for Digital Music Index reports that during the first half of 2012, Philippines, alongside France and India are of the world's most active torrenting hubs as they passed the 8th million mark of music downloads via Torrent clients, with the music of Maroon 5 in the lead, which ironically, is on the Philippines for a one-night only concert happening tonight.

It depends on who you ask but music piracy can be a good thing for an artist. As with Ed Sheeran, UK's acoustic sensation, ticket sales on an artist's gigs and concerts will probably more than offset the losses supposedly incurred in illegally downloaded digital music.

For example, Maroon 5's current album, Overexposed, costs $14.99, roughly 600 pesos on iTunes while ticket prices for their concert costs $19 to $240 (that's 800 to 10,000 pesos). Along with endorsements and other deals (I'm not really familiar with the dealings in the entertainment industry) It'll probably more than compensate for the losses in illegal downloads.

Bottom-line is even if people pirate their music but eventually leads to a ticket sale, it’s a win-win.

P.S. Maroon 5 concert tickets sold out just days after the announcement back in June.