Allowing Piracy as a Potential Business Opportunity Online piracy is commonly referred to as a threat to businesses in the creative industries. The WTO Agreement on Trade-related Aspects of Intellectual Property Rights (a.k.a. “the TRIPS” agreement) defines piracy as:
What this viewer’s most of the time don’t know and are not aware of is that piracy at large is a big detriment to the job economy of the United States. THE United states every losses a lot of money due to content piracy. According to diplomatic courier, “Although legal content distribution services like Netflix, Crackle, iTunes, Hulu, Amazon, Epix, and Vudu have again made accessing entertainment content legally more convenient, it is estimated that online piracy costs the U.S. economy somewhere around $250 billion per year. When content is illegally taken and distributed, income stops, jobs cannot be supported, and people are left unemployed. There is no question that content piracy has had a negative impact on everyone involved in the entertainment industry and on the overall global economy.” (Scholes)The effect that piracy leaves even if not known to the public ,it still affects the economy in a huge way and the development of the piracy of movie or online content has to be curbed to stop the loss of billions to something that could be used to better the community and country as a
There are some smart people who make a lot of money pirating items such as Movies for making money. There are people who have made millions of dollars using this illegal way to steal what is not theirs. Most of the time piracy does not impact the consumer because the most popular form of piracy is downloading music. People pirate items for to get a cheaper price out of things or to sell to another person for a higher price then what they pirated it for. If a company’s product is being Pirated one solution they might try is to stop making new products for release or they might take disciplinary action and get the police involved. Pirating is a very scummy way to make money and it really hurts the company that made the product. Piracy is not good for the economy and it hurts more than you can imagine. The people that use piracy are usually very poor and doing it to make money to support themselves and their family. I’ve seen my friend illegally download music and it really made me sad because I know in the end my friend is going to get hurt in one way or the other. Piracy can happen in many forms but usually happens as a video recording of a famous movie or a D.V.D. some ways to stop piracy our
• Some studies have shown that piracy hasn’t reduced profits • The increase is piracy has led to educating people through campaigns, which will mean in future that the piracy should decrease as knowledge increases
Streaming is a major part of today’s culture. Many individuals and families are cutting the cords and getting rid of traditional television for streaming services such as Netflix, Hulu, and Amazon (“Cord Cutting Accelerates,” 2016). More and more each year people are making the switch to use these services because they are more convenient offering the ability to choose not only a program, but which episode or film in a series in full HD. Some even offer this commercial free, but even those which don’t still offer their services with minimal advertising when compared to traditional cable television. All of this is given at extremely low prices when compared with the monthly payments for places like Comcast, AT&T, and DirectTV. People are always
Prepare to be Boarded: Why Piracy Laws Must Be Changed From the moment consumers were able to use the internet to get music, software, and movies, piracy has had serious financial implications for the motion picture industry. Copyright protection presents some difficulty in illegally obtaining movies, but there are many avenues around most of these systems. The RIAA, or Recording Industry Association of America, has tried several legal ploys to prevent people from accessing this material, but many consumers continue to access it with little concern. Much like the music industry, which was challenged to reinvent its distribution model, the movie industry has to do the same thing. To counter the amount of piracy the movie studios must develop new systems for content delivery including streaming new release movies at home.
The internet is an unregulated and chaotic environment that is only loosely governed by social norms that have been established by the more well-respected users leading the rest over many years. The anonymity of these billions of users allows them to break these rules and conventions with little risk of
Music piracy is the act of illegally downloading music for free, bilking sites such as iTunes and iMesh that lawfully sell music to millions of people worldwide. It is one of the most frequently committed crimes. According to an article in the newspaper ‘The Guardian’ in 2009, ninety-five per cent of music available online is downloaded illegally with no payments made to the artist and over 40 billion files were illegally shared in 2008. It may be a free service but is it ethical? Is it something that society should continue to do or something that should be discouraged?
Business Research Project Paper Business Research Project Should people be allowed to download movies and music from the Internet or are they violating copyright laws? There are compelling arguments on both sides. Research shows the argument can go either way.
Piracy is a hydra. Cutting one of its heads, will make the next head come and bite you harder. The way to “tame the beast” is by embracing and understanding that there are ways to monetize downloading, and arguably give a better chance to the “little guy” to get out there. Also, trends consistently show that file-sharing benefit the bigger, more famous artists, as well. The reason is that file sharing is the more efficient way to distribute content to the masses. This wider base brings out other avenues of revenue, like ticket sales for live shows/movies, extra merchandise being sold and greater exposure in social media. Evidence suggests that file-sharers are actually the bigger spenders on entertainment. So why do they still choose to download content and engage in copyright infringement? The cause can be derived from one or several of the following issues: (i) Pricing - unwillingness or inability to pay the price requested by the legitimate
The actual content producers: the artists, scientists, engineers, software and game programmers are severely affected by piracy. The law-abiding consumers are the ones on losing side as they are paying higher prices for lesser content as compared to offenders. Moreover, they may be required to pay higher prices for recovering from losses due to piracy. Selling digital content becomes a challenge for content providers as they are now supposed to compete with free products and services. Piracy employing internet services to access unlawful content evidently targets the copyright holders to earn profits. Users mainly rely on P2P networks to upload and download copyrighted content without the publisher’s permission. Such users not the service providers violate the rights of content owners.
If we 're losing so much money from these pirates, how much piracy is there. That’s a very hard question to answer because there is so much. It’s like counting ants; the figures are so small. A lot of companies use the International Intellectual Property Alliance (IIPA) statistics. They 're not perfect but they work for research purposes.
Chapter 2-Literature Review 2.1 Literature Review Counterfeiting refers to illegally production of substandard or fake products using the trade mark of brands without their permission. Counterfeiting is criminal offence and according to business law counterfeiters can be keep under prison at least on decade and additional fines can be charge. Counterfeiting is increasing rapidly due many reasons and some of them are lack of law enforcement economy conditions etc and counterfeiting is prevailing in developing countries and under developing countries as well. In under developing countries counterfeiting is high due to low per capita income and unavailability of branded products and the other solid reason is their knowledge and perception about
Introduction The internet is one of the most exciting phenomena to be invented in the world of technology. It was widely received and accepted by all sectors of the society, including the government, and businesses. The communication and media platforms were on the frontline in embracing the new technology. The internet is currently the largest source of music and video content. The availability of high-speed internet connections and a creation of inexpensive and easily distributable digital contents has facilitated to the high number of downloads. This has been attributed with both advantages and disadvantages. The creation of peer-to-peer (P2P) media sharing platforms led to a rise of the controversy surrounding this form of media consumption. This paper discusses the moral issues arising from file sharing. With a worldwide reach, the internet has facilitated massive downloads of copyrighted contents without the knowledge or proper compensation of the rightful author. However, the providing, sharing, or downloading content on these platforms is a violation intellectual property rights known as piracy.
Today, online piracy is a widespread issue. People do so for a variety of reasons, the biggest of which is money. Stuff is expensive. Why spend $15 on DVD, when one could pirate hundreds for free? The ability to acquire things freely is fundamentally an un-solvable issue. The next, and the easiest to fix, reason why people pirate online is because of unavailability of certain