Recording Industry and the Digital Age

synopsis\nIn this essay, several studies are examined that illustrate the economic impaction of digital piracy on the melody exertion and the U.S. economy. overly examined are the changes made in copyright laws, as wholesome as the arranging industrys strategies designed to conduct with this growing problem.\nThe first study, do for California Management polish in 2010, shows steady industry growth throughout 1990s quickly eroded with Napsters rise in popularity in 1999. A second study, faultless in 2009 for the International information Review, backed up prior claims made by the arranging industry in federal Court that they account for a significant portion of the U.S. rough home(prenominal) Product. The study besides shows a direct coefficient of correlation between increases in stick sharing and decreases in sales. The net study examined was completed in 2009 for Contemporary Economic Policy. It offers enjoin that the recording industrys partnerships with d igital content providers, is having a positive effect on consumers willingness to pay for impression priced premium content. Further search is required in put together to measure the impact these [and all the same to be] partnerships arrive at in reduce online piracy.\n\nKeywords: digital piracy, music piracy, record sharing, economic impact, U.S. Copyright rightfulness\n\nCaptain Crook: wherefore the Recording Industry moldiness Adapt to the Digital old age\nAccording to the U.S. Department of Commerce, the cheer 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-up 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 prominent losses since 1999, are the distributive number of sites that offer withdraw uploaded music available for downloading and s haring. These sites have crippled a music industry that many felt up had been... If you want to get a full essay, order it on our website:

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