When Napster was active and we were all downloading songs like fiends, recording industry revenues and record sales went up. This Wired story from June reports on a recently released study indicating these results:
The Ipsos-Reid study found that 81 percent of music downloaders reported that their CD purchasing either remained the same or increased. That backs up research from Jupiter Media Metrix that concluded that people using file-sharing networks were more likely to spend money on music.