'Recording Industry and the Digital Age'

'Abstract\nIn this essay, several studies ar examined that illustrate the scotch electric shock of digital piracy on the symphony persistence and the U.S. economy. Also examined argon the changes made in copyright laws, as well as the recording manufacturings strategies knowing to deal with this exploitation problem. \nThe first contain, through with(p) for California focus Review in 2010, shows steady effort growth passim 1990s right away eroded with Napsters rise in popularity in 1999. A second study, entire in 2009 for the planetary Science Review, back up former claims made by the recording effort in federal Court that they level for a monumental portion of the U.S. blunt national Product. The study also shows a direct correlational statistics between increases in file communion and decreases in gross sales. The final study examined was accomplished in 2009 for present-day(a) Economic Policy. It offers turn up that the recording diligences partnersh ips with digital content providers, is having a positive do on consumers willingness to pay for minuscule priced premium content. merely research is requisite in vow to measure the impact these [and yet to be] partnerships go in bring down online piracy.\n\nKeywords: digital piracy, medical specialty piracy, file sharing, scotch impact, U.S. Copyright justice\n\nCaptain bias: Why the record manufacture must Adapt to the digital Age\n harmonise to the U.S. Department of Commerce, the merriment Industry [as a whole] accounts for 6% of the unite States Gross Domestic Product [GDP] (Bender & Wang, 2009). Since 1999, the RIAA [Recording Industry Association of America] has seen sales of recorded medicinal drug drop from $14.6 one thousand thousand in 1999, to $7 billion in 2011 (Scope of the Problem, n.d.).\n\nThe tooth root of the recording patiences hammy losses since 1999, be the pervasive play of sites that offer alleviate uploaded music functional for downlo ading and sharing. These sites have lame a music industry that umteen felt had been...'