Copyright Framework Of The Music Industry

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Copyright framework in the music industry Intellectual property is the economic framework that underpins the British creative industry – music being one of them. Copyright is the currency of that framework. It can provide an incentive to the market to invest in brand new creative content, since every recording by an artist can be licensed for a specific value in the United Kingdom and globally, hence generating a substantial balance of export income for the UK. According to the Department for Business, Innovation and Skills, the Creative industries are the third biggest export industry for the UK, which makes the monarchy the largest cultural economy in the world relative to GDP. From a legal standpoint, copyright is governed by legislation, which is extracted from the national law, as well as from the European Union law. Although copyright can be financially beneficial for the turf, its infringement causes damage to the music industry. Specifically, in a continuously developing digital environment, it is easier to acquire, create, market and sell music. However, along with these improvements, there has arisen the opportunity to unlawfully acquire music, and thus breach the law - concerned with a sector that is committed to find solution to limit the damages caused by illegal download. Copyright and royalty collection agencies commit its resources to detect the breaches of law, in terms of copyright, and campaign for proportionate measures to help the rightsholders protect
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