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NewsIllegal Music Downloader's Spend "The Most on Music"

Pirate

Measuring the impact of illegal downloading on the music industry is a nearly impossible task that only seems to make the lawyers rich, but a new UK based study has concluded that illegal downloader's not only don't hurt music sales, they help. According to the survey which looked at the buying habits of about 1,000 16 to 50 year-old computer users, those that regularly downloaded music illegally also spent nearly 43% more per year through official channels than their legitimate counterparts. According to the UK Secretary of State for Business Peter Mandelson, this proves the shortsightedness of the new "Digital Economy Bill" set to become law next April which aims to boot any user off the Internet accused of downloading copyrighted material three times or more.

Peter Bradwell, from the think-tank Demos who commissioned the Ipsos Mori study agrees and claims, "The latest approach from the Government will not help prop up an ailing music industry. Politicians and music companies need to recognize that the nature of music consumption has changed, and consumers are demanding lower prices and easier access." The UK music industry however remains unconvinced, and insisted that the figures cited in the study show a skewed picture. It turns out in fact, that nearly 61% of all illegal downloader's surveyed claim they would stop downloading illegitimate tracks if they were threatened with losing internet service for a month.

So will illegal downloader’s spend even more money on digital tracks if they get cut off from Bit Torrent's? Or does it help to create fans who would have otherwise spent less on music using traditional discovery methods. It’s an interesting debate, where do you fall on the issue?

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NewsYouTube Fans, Watch Your Wallets!

YouTube now hosting ads for fraudulent "easy money" schemes

If you thought that YouTube was mostly a way to discover lame-o fan trailers, not-so-sophisticated movie spoofs,  or the latest viral video sensation, think again. As ArsTechnica reports, pyramid scheme recruitment videos are now flourishing on YouTube. Although these so-called "cash gifting" or "cash leveraging" schemes are often referred to as Ponzi schemes, they're different. As an ArsTechnica commenter pointed out, in a true Ponzi scheme, early joiners are "paid back" by money from later "investors" by the people controlling the alleged investment, but in a pyramid scheme, you make your money only when you can con others into giving you money.

Regardless of how boring your Friday afternoons might be and how desperate you might be to make more money, watch out for videos like these. Our advice? Save your cash for better investments, like more RAM

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NewsCompany Demands Restitution from UK Residents Accused of Illegally Downloading Porn

To date, the RIAA has sued more than 20,000 individuals over alleged copyright infringement, and one could argue that the RIAA has turned its suing spree into a business model. If that's the case, consider what DigiProtect is doing to be nothing more than modern day business economics 101.

The German company has been sending out thousands of letters to UK residents accusing them of using file-sharing networks to download and distribute dozens of porn flicks. The 20-page letters lay out all the embarrassing details, including the name of the film(s) and what date and time the alleged download took place. Similar to what the RIAA has been doing, DigiProtect offers to settle out of court, usually to the tune of  £500 (about $740USD).

Hit the jump to find out what the studio being represented has to say about the letters (you'll be surprised). 

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NewsComcast Closes in on Bandwidth Limits and Overage Charges

Comcast's proposed Internet cap of 250GB per month runs contrary to its pay-for-performance speed enhancements. And if you think that's shocking, just wait until you see the overage fees!

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