Study: Global CD Piracy Trade Tops $4.5 Billion

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eWEEK EDITORS
eWEEK EDITORS
Published: Jul 22, 2004
Updated: Feb 2, 2021
1 minute read
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More than one out of every three music compact discs sold in 2003 was pirated, according to the International Federation for the Phonographic Industry (IFPI). Many of the more than 1 billion pirated discs sold came from factories in Eastern Europe, Latin America and Southeast Asia. In unit terms, piracy grew four percent year-on-year in 2003 compared with a 14 percent jump a year earlier.

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