This website uses cookies to ensure you have the best experience. Learn more

Downloading And Streaming: An Obstacle For Recording Companies

677 words - 3 pages

The act of downloading and streaming music is creating an obstacle for major recording companies to recruit and develop new talent; whether the talent is songwriting, composing, engineering, or being the upcoming new artist. Most would think that having free access to music any time they wanted would be the answer to music consumers’ prayers, all while not thinking about the millions of dollars major recording companies are losing each year do to the fact that consumers no longer have to kick out a few bucks to hear their favorite songs over and over again. While it is the answer for some, other music consumers who are like me, a new talent pushing to make a successful career in music, are actually diminishing the opportunities of making our dream a reality one download at time.

Whether it is illegally downloading or streaming music online, it is all causing mayhem to the music industry. According to The Recording Industry Association of America (RIAA), “The availability of free music has cost the music industry $12.5 billion in economic losses.” The RIAA emphasizes how music consumers are putting less money into the music industry now that free access to music is available via Internet. Some consumers may oppose this due to the fact that artists who are famous and well established are able to continue increasing their bank accounts while living the lives of everyone’s dreams, but what some don’t know is that consumers having free access to music don’t have much of a negative affect on a popular artist at all. According to the article, ‘RIAA Accounting: Why Even Major Label Musicians Rarely Make Money From Album Sales’ by Mike Masnick, “…for every $1,000 sold, the average musician gets $23.40”, and hundreds of thousands of that musician’s album are usually sold with in the first week. Lets not forget the outside income from other famous endorsements such as clothing brands, alcoholic beverages, fragrance and cosmetics, etc.; the remaining dollars profited from just the...

Find Another Essay On Downloading and Streaming: An Obstacle for Recording Companies

The preservation and repetition of musical sounds through recording technologies has changed the social significance of music for the better"

1799 words - 7 pages they are getting quality and not just cosmetic imaging. Piracy has also caused recording companies to reevaluate their pricing strategy by driving down the prices of original albums, giving consumers greater value for money.In conclusion, we can say that through the two representations of art music, jazz and classical, the preservation and repetition of musical sounds through recording technologies has changed for the better in terms of jazz music

Account for the increase in illegal downloading of music or film and discuss the effect of this trend

1014 words - 5 pages people to upload and download enormous files fast. The existence of these three causes has become a ‘perfect storm’ for illegal downloading. As a result this could considerably destroy market progression and sustainability of companies. (Sudler, 2013). Another reason for increase the number of illegal downloading there is no global obligation within the countries to control the online piracy. For example, China has website named Baidu, largest

Sports Companies Using Instagram for Promotions and Discussions

919 words - 4 pages important for sports companies on a budget. While it may not be technically free after the creating, developing and maintaining of the photos (employees, which cost money) the digital medium of Instagram is a healthy way of promoting a sports company, its sponsors and partners. The relationship between the sports company, the event and the sponsors/partners is an important one that must be kept in mind to help ensure that upon contract

Ethics and Morals Are Essential for Pharmaceutical Companies

739 words - 3 pages Companies today have been aware that it is very important for them to enforce ethics and morality in their actions and ideas. They know they will be profoundly analyzed and rejected by the public if these enforcements are not their number one to facilitate wellness in society. This way of rational thought pertains to the pharmaceutical industry. The pharmaceutical industry can regulate the health of many lives all over the world. It becomes

Analysis of Websites for Profit and Non-Profit Companies

1408 words - 6 pages The websites for profit and non-profit companies run its companies for different motives and differentiate its websites respectively, yet they use similar strategies to persuade visitors to explore its websites. Walmart, a for profit company, boasts low prices, quality goods, convenient hours, and global shopping for millions of customers searching to fulfill several of their unlimited wants and needs. Walmart’s website creates excitement in its

Assessing International Marketing Opportunities for Small-and Medium-Sized Companies

3368 words - 13 pages I. INTRODUCTION The current business environments require firms to be highly aware of expansion of the global market. Entering a new market without sufficient understandings and preparation is never a good choice of companies to further their endeavor. Accordingly, a firm should take deliberate steps to analyze and recognize promising targets. For a company, especially an SME, the market research is an important issue that firms need to

Codes of Conduct for Pepsi and Coca Cola Companies

2070 words - 9 pages include coke, fanta, sprite, krest, among many other brands. On the other hand, it is best to note that this firm is an American business organization, retailer, manufacturer, and marketer of non-alcoholic drinks. The headquarters of this multinational corporation is in Atlanta. Most importantly, the company is worldly known for its global brand name of Coca Cola. Furthermore, the company makes distributions to more than 200 countries as it offers

Chevron: company overview-role of government regulations for oil company and issues and opportunities companies face

1616 words - 6 pages to Pacific Coast Oil. In the next year, Pacific Coast would build the largest and most modern refinery in the United States, producing 600 barrels of oil a day.In 1878 Standard Oil Company opened a three man office. With financial backing from its New York parent and strong marketing, the company became an emerging leader. Standard Oil was the major marketer for kerosene in the western United States lighting 96.5% of the western United States

Benefits for Companies using VoIP -CSI 120-74 Business Data Networks and Communications

515 words - 2 pages Benefits for Companies using VoIPVoIP provides integrated voice and data application. IP Telephony merges a telephone system with the computer network providing many advantages for a business ranging from reduced long distance expense to improved customer service. Furthermore, VoIP assists a business in improving, knowledge management, and conduct video conferencing.Benefits for Businesses conducting E-CommerceFor example: In the network

Why is the brand increasingly important for multinational companies and what function does it serve?

2029 words - 8 pages , Cadbury's and Sony. The main advantage of this form of branding is that the brand can be built up over a range of products, allowing the strengths of one product to bolster another, and allowing new products to be more easily introduced to the market.Now we have established an understanding of the brand let us get to the crux of this argument - how and why corporations desperately strive to create such a brand image.Multinational companies

Strategic business recommendations for balanced international development of state owned oil and gas or power and energy companies

1383 words - 6 pages Strategic business recommendations for balanced international development of state owned oil and gas or power and energy companies. From business perspective “Let’s go global!” or “Now it is a time for international development” might be announced by many companies. Such statements in strategic declarations are often used without real understanding of its meaning. Often it is easier to say than done and first hurray optimism and quick decisions

Similar Essays

How To Get Free Video Recording Or Streaming For Your Conference Or Event

1850 words - 8 pages own team. So let the hotel A/V crew take care of your projectors, mics, pipe and drape, but go with an outside video firm to get the best in video recording or LIVE streaming. But what does it cost? … Generally, video recording or even live streaming can be acquired at a mere fraction of the A/V budget for a show, and an even smaller fraction of the overall venue budget. However, even thought it’s growing in popularity, video can still be left

Censorship: An Obstacle For True Democracy

2098 words - 9 pages is today. With powerful organizations limiting information it was often impossible for an average person to obtain literature or hear ideas that vary from state ideals, they probably didn't even know that their information was being censored. We live in a different age today, information is more readily available and censorship is often looked at as a negative practice that limits freedoms. That said, it still exists today and can be viewed as an

The Rights And Wrongs For Downloading Music From The Internet For Free

872 words - 3 pages defending for itself that it consequently says that downloading music is legal. However Napster is now facing a full-court press by the Recording Industry Association of America and its member record companies, which are asking a judge for a preliminary injunction removing all major-label songs from the file-swapping service while a larger case comes to trial. The record companies contend that Napster is facilitating copyright infringement on a massive

Account For The Increase In Illgal Downloading And Discuss The Effects Of This Trend

829 words - 4 pages Recently, Downloading films illegally has increased significantly . Nowadays, the number of people who download films is increasing for many reasons. One of the issues that should be considered and deterred in our societies is illegal downloading because it affects many aspects in this trend. This essay will focus on the reasons and it will contain a discussion about the effects of the increase in illegal downloading. Moreover, this essay is