P2P is not a threat

RIAA: After declining for four consecutive years, the number of CDs shipped domestically from record companies to retail distribution channels rose 5.3 percent -- a 2.7 percent increase in value -- in 2004, compared to the previous year.

A detailed breakdown of these statistics can be found here [pdf].

update: Japanese Study Finds P2P Has No Impact On Sales
Study shows that the most popular P2P application in Japan, has no effect on CD sales. In fact, the study found that P2P helps to promote music sales and allows for new music discovery. [via BNA]

* English translation pdf
* Japanese report html

previously:
* File Sharing Studies
* File-sharing isn't killing record sales
* Pew Study Induces Infringement