file-sharing isn't killing record sales

Felix Oberholzer-Gee of the Harvard Business School and Koleman S. Strumpf of the University of North Carolina at Chapel Hill paper [pdf]: "Even in the most pessimistic specification, five thousand downloads are needed to displace a single album sale...high selling albums actually benefit from file sharing." [via]

see also: NYTs' John Schwartz summary of filesharing study.

RIAA responds: "We also look forward to understanding what the authors actually did in the study, since the text of the analysis is incomprehensible to the layman."

Rick Prelinger on File Sharing and Sales