YouTube Hurts Music Album Sales, Research Finds | TorrentFreak - 0 views
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The researchers estimate that for the top albums the total in lost sales because of YouTube equals roughly $1 million per year. This is a significant percentage of the label’s total revenue. It is hard to say, however, that YouTube is hurting overall revenue, as the advertising revenue it receives from Google also brings in a significant sum of money.
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I am not so sure I agree but quoting the article, ""Our findings suggest that sales displacement effect can be real without a promotional effect. That is, the people listening on YouTube appear to be, to some extent people who would know about this album anyway, but may not buy it because of YouTube," the researchers conclude."