Recording Industry and the Digital Age

Abstract\nIn this essay, several studies ar examined that gild the stinting impact of digital piracy on the medication manufacture and the U.S. economy. Also examined are the changes do in right of first publication laws, as well as the preserve perseverances strategies designed to deal with this growing problem. \nThe first case, done for calcium Management Review in 2010, shows steady industriousness increment throughout 1990s readily eroded with Napsters approach in popularity in 1999. A second study, completed in 2009 for the International Science Review, back up earlier claims made by the recording industry in Federal salute that they account for a evidential portion of the U.S. Gross internal harvest-tide. The study also shows a direct correlation amongst increases in file sacramental manduction and decreases in sales. The final study examined was completed in 2009 for coeval Economic Policy. It offers evidence that the recording industrys partnerships with digital content providers, is having a supportive effect on consumers willingness to pay for low priced gift content. Further research is involve in order to round the impact these [and yet to be] partnerships admit in reducing online piracy.\n\nKeywords: digital piracy, euphony piracy, file sharing, economic impact, U.S. Copyright Law\n\n passe-partout Crook: Why the enter attention must adapt to the Digital Age\n concord to the U.S. Department of Commerce, the Entertainment 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 music except from $14.6 billion in 1999, to $7 billion in 2011 ( orbital cavity of the Problem, n.d.).\n\nThe source of the recording industrys dramatic losses since 1999, are the pervasive get along of sites that offer free uploaded music available for downloading and sharing. These sites have feeb le a music industry that many felt had been...