Research group Demos surveyed over a thousand British people between the ages of 16 and 50 and found that one in ten people admitted to filesharing. However, those that download music illegally spent an average of £77 (around $126) on music each year. Those who say they don't use p2p sites spend an average of £44 (around $72).
The BBC reports that, of the 16-24 year-olds surveyed, 75 percent of them were willing to pay for their tracks if the price was right. The group agreed that a price of 45p (roughly 75c) would be ideal.
Do you think this is an accurate representation of those who use peer to peer services like the Pirate Bay? Indeed, an awful lot of people download their music illegally but if these results are to be believed, then these folk also purchase a significant amount of music each year. Many of you have said in the past that you'll download a track and if you like it, pay for it out of respect for the artist. Then again, a lot of you seem to think record labels make too much money off of the artists they sign and refuse to contribute to that kind of business model.
Do you purchase or pirate your music? Let us know in the comments below!