Music Industry’s Latest Piracy Threat: Stream Ripping

According to new data from the International Federation of the Phonographic Industry, 49% of internet users between the ages of 16 and 24 reported stream ripping within the six months ended in April, up from 41% in the same period a year prior. Meanwhile, 30% of internet users of all ages reported stream ripping this year, a 10% increase over last year.
The trend is particularly troubling because the music industry—which has lost 60% of its value since its peak in 2000 and has barely expanded over the past five years—is banking on paid streaming services to fuel its growth.
http://www.wsj.com/articles/music-industrys-latest-piracy-threat-stream-ripping-1473718919