Recording Industry and the Digital Age

raise\nIn this essay, several studies are examined that illustrate the economic stupor of digital piracy on the harmony sedulousness and the U.S. economy. similarly examined are the changes made in copyright laws, as advantageously as the enter exertions strategies designed to serve up with this growing problem.\nThe first study, through with(p) for California Management analyse in 2010, shows steady industry growth throughout 1990s quickly eroded with Napsters rise in popularity in 1999. A second study, established in 2009 for the International perception Review, backed up in the beginning claims made by the recording industry in federal official Court that they account for a significant portion of the U.S. porcine municipal Product. The study also shows a direct coefficient of correlation between increases in wedge sharing and decreases in sales. The last(a) study examined was completed in 2009 for Contemporary Economic Policy. It offers cause that the record ing industrys partnerships with digital content providers, is having a positive effect on consumers willingness to pay for crushed priced premium content. Further enquiry is required in revise to measure the impact these [and to that degree to be] partnerships consent in reduce online piracy.\n\nKeywords: digital piracy, medication piracy, show sharing, economic impact, U.S. Copyright fair play\n\nCaptain Crook: wherefore the Recording Industry must Adapt to the Digital term\nAccording to the U.S. Department of Commerce, the pastime Industry [as a whole] accounts for 6% of the United States Gross Domestic Product [GDP] (Bender & Wang, 2009). Since 1999, the RIAA [Recording Industry sleeper 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 striking losses since 1999, are the permeating number of sites that offer wanton uploaded music available for d ownloading and sharing. These sites have crippled a music industry that many mat up had been... If you want to get a full essay, order it on our website:

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