Effects of Illegal Music Downloading on the Music Industry

1262 WordsApr 29, 20116 Pages
Effects of Illegal Downloading on the Music Industry Illegal downloading is commonly known as piracy, it describe that the steeling music from artists, songwriters, musicians, record label employees and others whose hard work and great talent who make music possible. Nowadays, downloading music is available for everyone on internet. However, it is still illegal. Downloading music on internet is what most people are doing because they do not have to pay, and they can choose only the songs they want to have. Unlike CDs which we have the whole album which might contain the songs that we do not want to listen to, plus we have to pay for it. However, it is not always a good thing, it might be good for the people who download the music, but…show more content…
These claims included accusations that Napster was response for allowing users to infringe upon existing copyrights and were even encouraging users to download unlicensed copyrighted materials. When the recording industry won this landmark lawsuit, Napster stopped offering their file sharing services to users, and soon their company failed. The Institute for Policy Innovation make a conclusion that global music piracy causes $12.5 billion of economic losses every year, 71,060 U.S. jobs lost, a loss of $2.7 billion in workers' earnings, and a loss of $422 million in tax revenues, $291 million in personal income tax and $131 million in lost corporate income and production taxes. Today, most people who download music illegally do it by using new peer-to-peer networks like BitTorrent. The BitTorrent protocol is for of handling a lot of data very quickly and is very popular for people who upload and download copies of movies and television programs that have no license. In more recent years, dozens of major record labels and Hollywood studios have begun offering legal videos and tracks through BitTorrent in order to distribute their content on their own terms and avoid the pirating of their content. The Institute for Policy Innovation concludes that global music piracy causes $12.5 billion of economic losses
Open Document