Recording Industry and the Digital Age

vellicate\nIn this essay, several studies argon examined that illustrate the economic adjoin of digital piracy on the euphony industriousness and the U.S. economy. alike examined are the changes made in copyright laws, as salubrious as the preserve manufactures strategies designed to assign with this growing problem.\nThe first study, make for California Management retrospect in 2010, shows steady industry growth throughout 1990s quickly eroded with Napsters rise in popularity in 1999. A second study, stainless in 2009 for the International light Review, backed up rather claims made by the arrangement industry in federal official Court that they account for a significant portion of the U.S. thoroughgoing(a) national Product. The study also shows a direct correlativity between increases in buck sharing and decreases in sales. The terminal study examined was completed in 2009 for Contemporary Economic Policy. It offers endorse that the recording industrys partners hips with digital content providers, is having a positive effect on consumers willingness to pay for embarrassed priced premium content. Further enquiry is required in parade to measure the impact these [and provided to be] partnerships stick out in trim back online piracy.\n\nKeywords: digital piracy, melody piracy, file sharing, economic impact, U.S. Copyright truth\n\nCaptain Crook: why the Recording Industry must(prenominal) Adapt to the Digital develop\nAccording to the U.S. Department of Commerce, the diversion Industry [as a whole] accounts for 6% of the United States Gross Domestic Product [GDP] (Bender & Wang, 2009). Since 1999, the RIAA [Recording Industry tie of America] has seen sales of recorded music drop from $14.6 billion in 1999, to $7 billion in 2011 (Scope of the Problem, n.d.).\n\nThe source of the recording industrys melodramatic losses since 1999, are the permeating number of sites that offer release uploaded music available for downloading and sha ring. These sites have crippled a music industry that many matte had been... If you want to get a full essay, order it on our website:

Buy Essay NOW and get 15% DISCOUNT for first order. Only Best Essay Writers and excellent support 24/7!