Is illegal downloading damaging?

We know that illegal downloading has a detrimental effect on artists sales and the anger in causes in the music industry- it means that artists are not being paid for their professional work and therefore is causing great damage.Specifically, the creative industries have gone to great lengths to spell out the damage done by file-sharing copyright content without permission.

It says up to 800,000 jobs in the creative industries, out of 1.8 million in total, are threatened.

That's almost half of the entire industry which, the statement says, contributes £112.5bn in revenue to the economy, equivalent to 8% of GDP.

Around seven million people in the UK are involved in illegal downloads, costing the economy tens of billions of pounds- So, what is the solution? Is it possible to regulate this sector which the huge amounts of people that do it every single day?

The solution can be found on "How illegal downloading can be prevented" an article that intends to educates the general public and to prevent the widespread of downloading illegally.