Piracy In The Music Industry Essay

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Piracy in the music and film is an ever-growing issue that people who choose to join the industries must live with and adapt to as technology and times change. The issue with piracy is not as cut and dry as people perceive. There are many people who lose serious cash from illegal downloading and streaming; on the other hand, there are those whose entire careers have been made from free streaming or downloading and would not be where they are today if it weren’t for piracy. I had the chance to have an amazing interview with Darryl Ohrt, a former singer of a punk rock band who worked in the music business for 10 years, after ran a digital agency that did work with music labels like SONY; who has also worked with a few bands in terms of promotion…show more content…
jobs lost • $2.7 billion in workers ' earnings losses • $422 million in tax revenue cost • $291 million in personal income forfeiture • $131 million in lost corporate income and production taxes. That said, the music publishing revenue model is changing quickly, and new opportunities are presenting themselves all the time. No business model remains unchanged forever - and the music industry has been woefully slow at recognizing this. (Cox, Economics 5070-76) Consumers are actually losing because of quality. They’re exposed to more choices than ever before, but the quality of the product is not on par with what can be legally paid for. Labels are still trying to catch up. Their strategy is to sue instead of find middle ground, which is their own fault. They could have been the first to see streaming as a replacement for physical media like cassettes and CDs. “I’d say not just piracy, but digital production of content has affected quality. Listen to something streamed at 160kps or worse on many sites and compare it to a CD. You’ll notice a definite difference. The promise of the digital age was that music was supposed to get better in terms of reproduction quality, not worse. Listen to the recording process a band goes through in the studio and compare it to what you can download. It’s night and day.” (Green, personal…show more content…
Music sharing is comparable it to the early days of radio. Getting your song played on radio wasn’t easy and was a big deal. Once someone succeeded, they could count on the fact that people would hear it and the artist would sell units and ticket sales. Piracy does the same and it benefits developing artists more than established artists. “I’d venture to guess that the majority of Taylor Swift’s fans have purchased her music. The same could not be said for upcoming alternative bands.” (Ohrt, personal interview) Conversely, there are two different dynamics. Bands seem to benefit from piracy in terms of increased exposure, but if they are truly good, they will end up on the radar of someone at a label or well-known artist soon enough. As for films, that world is a tight community in terms of distribution. No film hoping to make it would try and go around the system because all of the people associated with its production would not have a career for long. (That’s not to say American movies aren’t copied and show up on the black market overseas.) But here, “a film gets attention by traveling the festival circuit in hopes of distribution.” (Green, personal
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