Music piracy decimating Czech music industry
2.12.2005 - 13:06
Latest figures show that record sales by Czech artists this year have dropped by nearly 25% to 116 million CZK or 4.7 million USD. Given that this figure covers all revenues for scores of well established artists working in the Czech music industry, it is unlikely that any local musicians are going to make it big financially in this country regardless of how famous they are. In fact many feel such relatively poor sales pose a threat to the future viability of the music industry in the Czech Republic.