Speaking to Fiscal Police National Academy in Italy on Monday, Moore said that piracy has had a devastating impact on sales of music noting that out of every 20 music tracks downloaded online, only one is done so legitimately and adding that studies carried out by Tera Consultancy, found that up to 1.2 million jobs could be lost across Europe if nothing was done to combat it.

"[There is a] growing recognition that building a legal online marketplace and fighting ...