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

To What Extent Has Music Piracy Affected The Music Industry Market In The United States Over The Last 10 Years

1409 words - 6 pages

Music piracy is a developing problem that it affects the music industry in many different ways including being responsible for the unemployment of 750,000 workers, as well as a loss of $2,5 billion; therefore, I want to explore ‘To what extent has music piracy affected the music industry market in the United States over the last 10 years?’

To discover what is the real effect of music piracy I will first look at how the industry works and the amount of revenue lost due to piracy. It reseachres the effect of the loss of revenue in the United States economy. Finally It looks a other perspectives who argue that music industry does not affect the market. From the information I gathered, I was able to get a better understanding of the effect of the music piracy.

From the results I was able to find out that music piracy does affect the music market by lowering the employment rate of the country as well as the total revenue received by the music market; however, the market has found other ways to protect their market like creating digital sales, which has worked as a way to increase revenue in the last 2 years.

1. Introduction:

The music industry started in the mid 18th century with Wolfgang Amadeus Mozart. Through the decades there has been a great increase in this industry; however, the revenues for this industry have declined by half in the last 10 years. This has been caused by music piracy, which “is the copying and distributing of copies of a piece of music for which the composer, recording artist, or copyright-holding record company did not give consent” . After 1980’s, when the Internet was released to public, people started to develop programs and websites in which they could share music, videos, and information with other individuals. With the ability of sharing, people started to transfer music and this were the origins of music piracy; therefore, it is interesting to understand ‘to what extent has music piracy affected the music industry market in the United States over the last 10 years?’

Countries have developed laws to stop piracy; however, they have not worked. Some programs such as LimeWire and Mega Upload have been shutdown for violating copyright laws. The importance of this investigation is to understand what are the effects of music piracy in the music industry market. It is interesting to understand what are the effects of pirating music, which millions of people do daily and do not know the consequences. Over the past few years, countries and firms have tried to protect their market from piracy and it is interesting to know how have their actions helped their industries. Another aspect is that, according to figures, music piracy has had huge impact in the industry in the last 10 years, especially in the revenue and the increase in unemployment showing impacting figures.

On the other hand, recent articles have debated the fact that music piracy does not influence the music industry in such a big scale so it is interesting to...

Find Another Essay On To what extent has music piracy affected the music industry market in the United States over the last 10 years

Extent to Which the United States is Affected

908 words - 4 pages War. Regarding this, China has reported that it constitutes almost 50 percent of the total foreign trade of North Korea, and has been increasing its trade in the past couple of years. By 2011, China and North Korea reached nearly $6 billion in bilateral trade. This is largely because China sees reunification of Korea as detrimental to its long-term strategic interest. Hyon Joo Yoo writes that North Korea, despite its constant famine and a

Popular Music in the United States: Rap

738 words - 3 pages Popular in the united states, the rhythmic music known as rap can be traced back generations to it’s ethnic origins. Centuries before hip hop music existed, the Tribes of West Africa were delivering stories rhythmically, over drums and sparse instrumentation. Connections between tribal story telling virtuals and rap music have been acknowledged by many modern day "tribes", spoken word artists, mainstream news sources, and academics. In the 21st

Computer Crime, discusses the proposition that computer crime has increased dramatically over the last 10 years

1387 words - 6 pages Counterfeit Access Device and Computer Fraud and Abuse Act of 1984, was passed in October of 1984.The Act made it a felony to knowingly access a computer without authorisation, or in excess of authorisation, in order to obtain classified United States defence or foreign relations information with the intent or reason to believe that such information would be used to harm the United States or to advantage a foreign nation.The act also attempted to

To What Extent has the Bedroom Tax Affected People

2329 words - 9 pages To What Extent has the Bedroom Tax Affected People Britain is currently undergoing the biggest overhaul of the welfare system since its introduction. The welfare system was first established with the assurance that people less fortunate would be able to have a standard of living that would ensure equality. But the recent amendments brought into place by the current government’s legislations may see the biggest divide between rich and poor

To what extent has DNA technology helped our understanding of human colonisation and the spread of agriculture in Europe over the past 10 000 years? How is this supported by language evidence?

1741 words - 7 pages Although the focus of this essay is to discuss how DNA technology helped our understanding of human colonisation and the spread of agriculture in Europe over the past 10 000 years, it will first look at the recent African origin theory as it is relevant to show how modern humans arrived in Europe in the first place. As later discussed it will also have a bearing on the development of agriculture.The two main hypotheses agree that Homo erectus

This essay describes the economic political cycles in the United States over the last 50 years in reference to Democratic and Republican parties

4646 words - 19 pages onwards.Looking at this dynamic correlation between inflation and GDP for Eisenhower's presidency we see that inflation and GDP are positively correlated. Both inflation and GDP are decreasing showing a negative correlation. Keep in mind here that the GDP data is only available for the last two years of the presidency.John F. Kennedy, the 35th president of the United States was assassinated on November 22, 1963. He was a Democratic president and even

Online Piracy; the Economic Effects of the Music Industry

3423 words - 14 pages then the United States Congress passed what is called The Millennium Digital Act. All of this has affect on the economic profits of the recording industry. I will look into whether or not all of these aspects really do affect economic profits of recording industry and their artists.The MP3 player was released for consumers to get around with a light weight device that can play music. This device usually could hold only hold up to about 100 songs

Investigation of Copyright Piracy and the Global Music Industry

3234 words - 13 pages affected by piracy, and how it has affected the economical badly. According to the BBC mentioned in ‘IFPI’(International Federation of the Phonographic Industry) the form of bodies displayed that globally the subscription sales is increased by 50%, but in Europe Market there is still up and down in figures with 13.3% stuck among downloads and subscription, paralleled to Annual report of 2011. There is no clear vision about this problem but, it’s

Changes in the Music Industry

964 words - 4 pages an entire album. In an article by CNN Money it mentioned, “CEO Steve Jobs was able to initially offer digital albums for $10 and any individual track off that album for 99 cents” (CNNMoney). This resulted in recorded companies selling music through digital distributions due to consumer demands. This drastically diminished the sells of CD’s, vinyl’s, and tapes. An ultimately the industry has seen a steady decline in revenue per year. Online piracy

How has the company GUESS? established itself in the business environment over the last five years?

6674 words - 27 pages to shopping (e.g., the internet) is just one of the ways in which Gap entice their consumers. They also use advertising to capture more consumers from different areas. The look of Gap's advertising is fun, hip and colourful and this type of advertising has given Gap an increased competitive advantage.However even though Gap is one of the top companies in the specialist retail market industry, over the past two years they have been struggling

Changes in the Music Industry

2608 words - 11 pages quantity over quality. They believe that it is better to have one million ordinary songs than one hundred hits that will last for a lifetime. The pursuit of money in the music industry has played a key role in this development. Many artists are left chasing the few, quick dollars from a low quality song rather than the many dollars that come with a quality song. In sharp contrast to this habit, many of the artists in the olden days

Similar Essays

Computer Piracy In The Music Industry

952 words - 4 pages Computer Piracy (The Music Industry) The music industry has had problems with computer piracy for many years now. There have been many programs devoted to giving out free music. Many of these programs are well know, but still very hard to stop. Napster, Kazaa, and the newest program, myTunes Redux are the most popular programs for music sharing. This essay will explain all about these main programs which allow free music to be

Music Written In The Last 40 Years

2277 words - 9 pages plausible that Viner's version was influenced by any of these versions. The Dialectic approach is to propose arguments for each version, then use reason to choose one. The instrumentation of Viner's version has more similarities to The Shadows version than Ingmann's. The success of the Shadow's version was mainly limited to Europe, whereas Ingmann's was a large single in USA. Based on these arguments, it is more likely that Viner recorded a cover

How The Internet Has Affected The Music Industry

923 words - 4 pages over 25% of sales in five years. This may be true, yet the Internet is also one of the music industries greatest enemies.For some years now online shopping has been available to anyone with a credit card and an Internet connection. E-commerce retailers such as Amazon.com sell everything from garden tools, to C.D's and mini-discs. It is only in the last couple years however, that online shopping has taken off. Before this the public and businesses

Puerto Rican Music In The United States

1713 words - 7 pages Puerto Rican Music in the United States Music has always been a pervasive symbol of identity. It is a mode of expression that crosses gender, ethnicity and age. One need not understand the lyrics to identify with a musical genre; identification can be found through rhythm, tone of music, as well as other techniques in the music, unrelated to words. For example, most operas are in Italian and obviously everyone that attends an opera, does not