2.What should peer-to-peer (P2P) networks do to grow their business? P2P providers should look for new ways to legalize file-sharing. P2P companies should convince the music industry by presenting feasible solutions that economically can benefit the music industry, like charging users fees to access files. Placing a system to assist file-sharing users to open retail accounts, whereas retailers allow other P2P fans to download songs for small fees, then a percentage of this money is handed in to copyright owners. Applying a filtering system to prevent sharing the music that is a subject to copyright law. Offering the music labels flat fees to get music licences.
3.Could the various protagonists have 'seen it coming '? Were there any warning signs that might have helped them to respond? Music sharing is not new to the music industry. It has increased significantly since the advent of the cassette. This may have formed a strong sign that there were a major change coming in the music industry. The advances in computer technology and internet were
…show more content…
The world music industry revenue is cut by 50% in the last 20 years, respecting to piracy, illegal file sharing, legal download such as iTunes service and streaming services (McDoling , 2015). Generally, the internet might be the biggest problem to the music industry ,if the music business didn 't know how to deal with it. P2P is a part of the issue, since it has caused a high drop in music sale. However, it sounds that the music industry has been gaining a big victory in US over file-sharing. By comparing the number of the targeted IP address accounts lawsuits 43,124 ISP in 2010 to the 6700 IP in 2015, we conclude a remarkable decrease in music piracy (A, 2016). The current cooperation among the music industry and the new music streaming services (Spotify) which allow a legal cheap access to copyright musics announces a new music business
About 5 years ago Napster, a network software application, was being used to download music files. The network was growing faster than anybody who ever started it would have imagined. When artists, songwriters, and all of the other people involved in making CD's realized that this wasn't going to slow down any time soon, they decided that they needed to stop Napster. Little by little, Napster was being less used and it became harder to find the songs wanted until nobody used it anymore. When all of this was happening, other applications were made available. Kazaa and Grokster are probably the two most used Peer to Peer, or P2P file sharing networks you can find, although there are many others.
Doe Deere believes that women should live unapologetically. That’s why she created the make-up line, LimeCrime. Deer introduced “limecrime” on eBay in 2004 as a way to gain exposure for her DIY fashion line. The clothes she designed were bright and colorful but finding makeup to match the clothing was no easy task. Ultimately, she launched Lime Crime in 2008 creating unique colorful makeup with names like unicorn lipstick, carousel gloss and zodiac glitter.
Before the present time of computers and various media player technology, trading music files on the internet was practically unheard of. Today MP3 music files have become file format that is widely “swapped” over the internet. The problem with trading MP3's is that it violates copyright laws. However, this hasn’t stopped the tens of millions of file sharing software users who continue swap MP3’s. MP3 piracy is a costly business for many companies, and the disadvantages outweigh the advantages of “P2P” file sharing. File sharing is a costly, illegal practice that hurts not only the consumers, but the artists as well.
Peer-to-peer (P2P) networks have had a staggering growth in the past few years. Since Napster, dozens of P2P networks have been created in its imitation. Due to the growing accessibility of broadband, which increases the speed of downloads, P2P networks generate nearly 1.8 billion downloads per month. Popularity and acceptance is still continually growing.
The limitless access to music makes it easy to forget that people's careers rely on the profit behind every song. A profit that is continually shrinking, something that is forcing companies to re-think the way they get music to us, the fans. This will affect everyone who has the slightest interest in music. Some for the worse, but many for the better. MUSIC INDUSTRY STATE Earlier this year (DATE?)
Throughout time, people have resorted to stealing in order to obtain items instead of buying them. It became a problem so consequences were made. Even dating back to the Ten Commandments there were laws against stealing. Recently, theft has become a problem over the internet. Musicians and music companies have lost millions in revenue. Websites such as Napster, The Pirate Bay, and Pandora have made it extremely easy for people, specifically teens, to illegally download and or listen to music for free. Pirating music has become a problem especially because “91 percent of all new music was downloaded illegally over the Internet instead of purchased,” says Logan Lynn from Huffington Post (Lynn). Many, such as the RIAA claim that music piracy is “an ongoing and evolving challenge,” (Who) while others suggest that it is “keeping the music industry alive,” (Issacson).
Before the 1990’s, if people want to listen to music, they just visit a music store and pick up a CD and then put it into a stereo equipment. However, the development of MP3 file format gradually changed the way people listen to music. This format lets everyone download music easily and it can be converted to CD as well. But, there is still a problem: searching MP3 files on the internet is maddening and people seldom can find the music they want. Therefore, the birth of Napster solved this problem, creating a virtual music community in which music fans could use the Web as a “swap meet” for music files. More importantly, Napster is easy to use and it’s free, which expands the range of audience in age. Bandwidth also contributed to Napster’s success. The greater the bandwidth, the faster the file can be transferred. So, Napster really changed the way people listen to music, discover music and interact with music.
The United States of America is a free country, then why shouldn’t the internet be free? Why should we have restrictions placed on what we can and cannot do on the internet? Every day, millions of users share files on the internet through numerous online sources. Whether they download music, movies, or software, online file-sharing can give people access to a plentiful amount of information. These files are often free and easily accessible by anyone. The practice of distributing or providing access to digitally stored information represents file sharing (Peer-to-Peer File-Sharing and Copyright Infringement: Are You Vulnerable?). Conversely many people see file sharing as unlawful. The reproduction or distribution of any copyrighted digital media or information defines internet piracy. Many people see downloading copyright files such as music, movies, books, and software as illegal. Music files, some of the first types of files to be reproduced and distributed through internet sources, contain the file extension .mp3. Several popular file sharing programs were developed in the 1990s and facilitated internet piracy. Big industries try to combat file sharing to help increase their revenue, however internet piracy actually increases revenue of industries and has numerous other benefits (What Is Internet Piracy?). The copy and distribution of digital files increased due to technology (Torr). Internet piracy, considered a problem all over the world, stands as difficult to stop along with other kinds of piracy (What Is Internet Piracy?). Anything can be digitalized and once something becomes digitalized it will be shared all over the internet (Torr). Canadian and European laws allow for the downloading of copyright files for personal us...
Along with the development of a file format (MP3) to store digital audio recordings, came one of the new millennium’s most continuous debates – peer-to-peer piracy – file sharing. Internet companies such as Napster and Grokster became involved in notable legal cases in regards to copyright laws in cyberspace. These two cases are similar in nature, yet decidedly different. In order to understand the differences and similarities, one should have an understanding of each case as well as the court’s ruling.
There are six key new market disruptions concerning the digital distribution of music: the creation of a new and broad customer base, the possibility of an annuity versus a per-unit revenue model, the gatekeeper advantage for a record company having proprietary access to a new digital distribution infrastructure, understanding of a technology that could be applied to other digital content, need for balance between physical and digital distribution strategies, the strategy the incumbent should adopt with respect to the evolving war over digital distribution standards. Was there a disruption or an evolution?
In 1997, the company received clearance from the Foreign Investment Promotion Board to issue preferential shares to US based MNC Investment Corporation for Rs. 400 Crore to help fund its acquisition of the Ahemdabad Electricity Company by purchasing the entire 28.89% stake held by the Gujarat government.[1] This acquisition formed what was then known as Torrent Power AEC Limited. Similarly, after acquiring the Surat Electricity Company in the same deal, Torrent Power SEC Limited was formed.
The first reason why downloading and uploading copyrighted materials from the Internet should be legal is that downloading copyrighted materials positively affects the economy. The European Commission Joint Research Center reported that the profits of music companies would be 2% lower if uploading and downloading copyrighted materials were banned. However, music companies are able to acquire more profits despite illegal downloading because many people tend to purchase CDs or DVDs after watching or listening to copyrighted materials for free. Moreover, the research showed that people who download music illegally spent more money to buy music than people who did not download illegally. In addition, research conducted by the Swiss government informed that one-third of Swiss people downloaded copyrighted materials from the Internet because personal use of copyrighted materials is legal in Switzerland. Even though there is a fact that many people can download copyrighted materials from the Internet legally in Switzerland, the amount of money that people spend to buy copyrighted materials is not f...
Spotify is on-demand streaming music player. After registration and downloading the desktop application user gains access to more than 20 million songs that are currently available on Spotify [1]. The main characteristic of Spotify’s streaming service is that it does not sell music, but it gives access to it. Streaming digital music is based on agreements with content owners - record labels, digital distributors, aggregators and publisher collecting societies, to whom Spotify pays out royalties [2]. Without these agreements there would be no music to stream. Basically, Spotify has an intermediary role as it distributes music content from right holders to listeners.
The music industry started in the mid 18th century with Wolfgang Amadeus Mozart. Through the decades there has been a great increase in this industry; however, the revenues for this industry have declined by half in the last 10 years. This has been caused by music piracy, which “is the copying and distributing of copies of a piece of music for which the composer, recording artist, or copyright-holding record company did not give consent” . After 1980’s, when the Internet was released to public, people started to develop programs and websites in which they could share music, videos, and information with...
With the popularity of the Internet, sales for CDs, DVDs, Movies, and many other products have increased. Along with the increase of sales has brought forth an ever increasing problem of illegal media being downloaded. Programs such as Bittorent, Kazaa, and other direct-connect networking programs have allowed the transferring of such illegal media. Downloading song files from the Internet over a free peer to peer network is the moral equivalent of shoplifting music CDs from the local mall.