File-sharing still a body blow to UK music
Silicon.com, publication date: 5 April 2006
"The British Phonographic Industry (BPI) released its data as the International Federation of the Phonographic Industry, which represents the industry globally, launched almost 2,000 cases of legal action in 10 countries across Europe and in Hong Kong.
The British industry lost £414m last year as a result of illegal swapping of music on the internet, up from £376m in 2004. In the three years to 2005, the total loss amounted to £1.1bn, the BPI said."