Entertainment from free audio books

A study of  free audio books industry by leading financial body the London School of Economics concludes that file sharing has not contributed to the collapse of the music business in any way – and suggests industry chiefs are lying when they say it has.

Bosses of the free audio books and movie industries have focused on blaming pirate activity for all negative financial results, and have ignored the fact there’s a decline in leisure spending across the world, says the LSE. They conclude that pirates are not to blame for a drop in sales. Instead, people are simply spending less on leisure pursuits because they’re faced with higher bills, lower pay rises and less job security.  PCSpeed.net

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