The Impact of Illegal P2P file sharing on the media industry

the Internet has become a major source of music and video content
over the past decade. This has been facilitated by the creation of
digital formats for inexpensive media storage and distribution, wide
availability of computers and high-speed Internet connections, and
the evolution of peer-to-peer (P2P) file-sharing networks. P2P networks enable
computers to connect directly to each other and utilize specialized software
(such as eDonkey and Kazaa) to locate and trade a variety of digital files, including
music, movies, video games, and computer programs.