Music Piracy Essay - 1594 Words

As a result of music piracy, the United States economy loses about $12.5 billion per year (RIAA). Not only do wealthy record labels and headline artists lose money, but songwriters, music publishers, music engineers, and even record store clerks suffer losses. Music pirates are people who share and download music over the Internet without paying for it. Piracy has been an ongoing issue for record companies and the artists they represent. It started all the way back in the days of cassette recorders and blank tapes. It eventually led to the compact disk, which was then used with the compact disk burner. The Internet helped produce a new and more unrestricted form of music piracy that would eventually lead to a threatening high. Consumers†¦show more content†¦It kept no digital music files of its own; instead, the company provided what is known as a peer-to-peer link to its customers. The site was shut down two years later, but since it emergence, music sales in the United Sta tes have dropped forty seven percent, from $14.6 billion to $7.7 billion (RIAA). Napster still exists today, but they charge music fans to download songs and it pays royalties to the copyright holders. An example of fair internet use of music is iTunes. The iTunes music store sold more than five million tracks in its first eight weeks of operation (Sequeira and Vacante). It is obvious that people can buy music; they just do not want to. However, if they were the ones involved in making it, they would have different views toward it. This idea corresponds with any job. Everybody works hard to get their pay for what they do. Why should people involved in the creation of music be any different? People do not understand how immensely music piracy affects the economy and hardworking citizens. While downloading one song may not feel that serious of a crime, â€Å"the accumulative impact of millions of songs downloading illegally, without compensation to all the people who helped to create that song and bring it to fans, is devastating† (RIAA). Seventy thousand American workers lose jobs and two billion dollarsShow MoreRelatedThe Effects Of Piracy On The Business Of Music And Film21 72 Words   |  9 PagesMusic and films are bought and meant to be bought to be enjoyed by the general public, not to be stolen and used for a profit when it is not their right to do so. Piracy has been a big factor of illegal actions that occur through. Piracy, unfortunately, has been happening for years now. People pirate movies and music and give it out to the public to use. While it is cheaper to get than the regular prices of the product, it affects the business of music and film. People tend to do this in a way thatRead MoreWhat Should The Punishment Be For Music Piracy?3063 Words   |  13 PagesKehrmeyer AP English 2 February 2016 What Should The Punishment Be for Music Piracy? Piracy, the government call this a crime, other people would call it a response against mega businesses. Whatever piracy is should not remove the fact that the government has laws against piracy, and many wonder what the appropriate punishment for people who don t follow these laws should be. I like many others, believe that music piracy should not be punished so severely, but of course, like many things in lifeRead MoreMusic Piracy And The Music Industry1833 Words   |  8 Pagespeople about the state of the music industry, you’re more than likely to hear something along the lines of â€Å"the music industry is dying†, and in some ways, this is true. 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This paper will first present some news happened in recent years in China music factory about the music infringement lawsuits. Then it will show the whole trend and distribution of music sales in China. It will also use the microeconomic models to analyze the societal benefits under the situation of without and with piracy. Then the paper will give some discussion of existing literature about the music piracy. Keywords:Read MoreEssay about The Impact of Music Piracy1144 Words   |  5 PagesThe Impact of Music Piracy According to the Recording Industry of America (RIAA) the record industry loses $4.3 billion dollars, worldwide, due to music piracy (RIAA, 2003). The American Federation of Artists claims that on-line music piracy has caused some record store sales to drop by 20% and that 20.6 billion illegal downloads occur every month (AFM, 2004). Many experts believe that music piracy is currently the number one threat to the music industry. 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