We Are Hunted - The Online Music Chart The last few years have been an incredible experience made possible by the various staff, contractors and partners we've worked with. We would like to thank our board and investors, particularly Graeme Wood, who backed us in late 2007 and never stopped supporting and mentoring us. A huge thanks also to our users, who kept coming back each day to discover the great new music. While we are shutting down wearehunted.com, we will continue to create services that will delight you, as part of the Twitter team. There's no question that Twitter and music go well together. What are you working on at Twitter? We wish we could say but we're not yet ready to talk about it. What will happen to my We Are Hunted account? We are shutting down wearehunted.com, so your account will be shut down as well.
Blaming Piracy, Music Industry Says It's Lost a Third of Its Value Over Past 7 Years It's a familiar refrain from the music industry: revenue is down and piracy is to blame. That's the gist of the the International Federation of the Phonographic Industry's (IFPI) annual Digial Music Report, which points to a slowdown in the growth of digital music sales. While digital music revenue has grown 1,000% over the past seven years, the entire music industry has lost a third of its value over that same time period. And while digital music seems to represent both the best hopes and the worst fears of the industry, even its growth is slowing - only 6% last year, down from 9.2% growth in 2009. Pirates (Not Inflexible Business Models) Are to Blame "While record companies are innovating and licensing every viable form of music access for consumers," says IFPI chief executive Frances Moore, "the music industry is still haemorrhaging revenue as a result of digital piracy." Will Subscription Services Save the Industry?
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