Filesharing does not hurt the record industry
The CRIA (Canadian Record Industry Association) did a study on the effects of downloading on record sales. Interestingly enough, they found that downloaders buy more music that non-downloaders.
Michael Geist went through the complete study report and concluded:
In summary, CRIA’s own research now concludes that P2P downloading constitutes less than one-third of the music on [...]
