
This is partially due to the void left by Limewire’s disappearance. Without spending too much time on statistics, the important part of the NPD Group study is that 12 million less people are using P2P software to steal music than in 2007, putting the number at around 16 million total. The Recording Industry Association of America (RIAA), a trade organization that represents various music labels, categorizes this as music piracy and reports that such behavior costs the music industry $12.5 billion in losses, globally. Whatever the original intent of Limewire, the primary use became to illegally share and download copyrighted files for free. Limewire Shut Down Leads to Piracy Decline But a new NPD Group study suggests that this could be the first nail in the coffin of music piracy. The P2P site, which was closed by an October 2010 court decision, was a household name for music piracy. No surprise that Limewire joins the ranks of former illegal download programs Kazaa, Napster and Grokster – all of which were shut down due to copyright infringement.
