DIGITAL MUSIC AND
ONLINE SHARING:
SOFTWARE PIRACY 2.0?
Considering the similarities and unmatched characteristics ofonline file sharing and software product piracy.Rapid advances in Internet connectivity and digital compression technologies havedramatically increased online sharing of digitized material, raising issues of intellectual retention rights and lost sales. For instance, online music sharing has prompted
legal challenges and industriousness alliances, man raising significant concerns regarding the
persistences future. A training in 2000 reported 14% of Internet users had downloaded
music for drop by the wayside [11]. This number has grown rapidly, and online music sharing has
been estimated to result in annual sales losses of $3.1 billion by 2005 for the music
industry [2].
The effect of such sharingâ"induced by engineeringâ" is inconclusive. Proponents consumers and some artistsâ"argue that many consumers download music to standard and subsequently purchase
a CD1 if they like the
music, hence it provides an
effective announce channel
[1]. It also benefits recording
companies by helping new
artists to become known at little cost to the companies
themselves. Opponentsâ"in particular the
recording industry and some other artistsâ"argue
that it undermines sales.
Their fundamental
concern is that piracy threatens the business of
artists, composers, and producers.
contempt its scope and publicity, little research
exists on this problem from a consumers economic
perspective. Substantial research has
examined the related problem of software piracy
[1, 68]. While software and music are both
information goods in that the marginal cost of
production is virtually zero, certain chance upon characteristics
differentiate the two: audio quality of
the original CD is better than its electronically
transferable compressed version. Software, however,
requires a loss-less compression for proper
cognitive operation; music files are much smaller than a
typical software application, and take much...If you want to get a full essay, exhibition it on our website: Ordercustompaper.com
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