Illegal Downloading of Music and Intellectual Property

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Before iPhones, tablets and laptops people had to buy hard copies as in CDs, records and even vinyl’s. According to Cornell University the average cost for a hard copy cd is $13.99 if bought a week after release date on average if bought on the release date it is $9.99. Before the internet the arrangement for the music industry was that there were only 6 main labels for 60 years were the heads for all the distribution and promoting of recorded music. There were five main roles that needed to be filled to make a profit as a live music process. The roles are performer, personal manager, a talent agent, promoter and a venue operator. The internet has completely changed the perspective of the music industry. Businessweek.com says that the impact the internet makes on the music industry is that sales has dropped for the music’s industry from 14 billion dollars to 10 billion dollars. The information superhighway changed the whole perspective of the landscape by completely breaking down the distribution system already put in place. Intellectual property is the most questioned part of the recent changes in the digital age involving the music industry. Intellectual property is
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. (WIPO)
Which is saying in layman’s terms that intellectual property is that a person can have rights to the creations of their ideas like inventions, artistry and writing works etc. for the music industry copy writing is more focused on....

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Parikh, Mihir. "The Music Industry in the Digital World: Waves of Changes." Thesis. Polytechnic University, 1999. The Music Industry in the Digital World: Waves of Changes. Docunator.com, 1 Aug. 1999. Web. 18 Apr. 2014.

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