Increase of Internet Piracy and Hacking Essay example

Consumers and record producers also suffer the effects of music piracy. Consumers will feel an increase in concert ticket sales and legitimate album sales to compensate the artists for lost revenue due to internet music theft. Record producers will have less revenue to work with which is needed to scout and produce new talent. So, ultimately the consumer is hurt again because less money is available to "buy" new talent, so the music pool does not grow and music becomes stagnant.

According to the Recording Industry Association of America (RIAA), 30 billion songs were illegally downloaded between 2004 and 2009. Even with sites like iTunes and Rhapsody offering legal downloads, peer-to-peer file sharing still exists. Illegally downloading music has had a significant impact on the music industry resulting in a loss of profits and jobs, and changing how music is delivered to the masses. (Adkins, n.d.) Showing that even having the ethically correct option P2P sharing of illegal media is still thriving. The RIAA reports that music sales in the United States have dropped

When thinking about music downloading and streaming we must not only consider legal mediums (which only exist because the practice was illegal after Napster’s failure) such as iTunes and Spotify, we must consider the overwhelming presence of illegitimate or illegal streams and downloading mediums such as FrostWire or YouTube2MP3. The music industry revenue streams have been changed, molded, and affected by the music downloading and streaming world in many ways. The music industry makes money through three ways: album/single sales, royalties, and concert revenues. All three of those streams have been effected in various ways some negative and some positive. Musician, and record label founder, Isaac Hanson said it perfectly; “I think downloading is both saving and killing the music industry at the same time”. His quote is confirmed by the data as well as my This partially confirms my theory that the music downloading has completely destroyed the music

Research and summarize the lost sales and/or profits caused by a particular situation of illegal copying or piracy of software, music, or video. You should provide the dollar amount of lost sales and/or profits over a given time period to a specific industry, country, firm, or individual. You must use an article or other published source for credibility, not just a forum or message board. Note that some controversy exists in this area; for up to 5 extra credit points you may write a paragraph that summarizes why piracy does not result in significant lost sales (again from a credible

The increase is piracy has led to educating people through campaigns, which will mean in future that the piracy should decrease as knowledge increases

Economically, $12.5 billion in losses each year is due to piracy in the music industry, $2.7 billion in workers’ earnings are lost each year due to online piracy and almost 71,000 jobs are lost in the United States every year due to online piracy as well. It may seem that these numbers are horrifying, but one statistic proves otherwise. In the statistics for the highest and lowest piracy rates in 2010, the United States comes up the very top of the lowest piracy percentage, only accounting for 20% of media downloaded from the Internet. Most consumers in the U.S. obtain their media legally because they support their artists. They realize that artists are also people working and making their craft just like everyone else. Consumers may download the songs illegally, but if they really loved the album, they would buy the real deal.

Imagine a musician who put their heart and soul into creating music that they can share with the whole world. He goes through the entire process of uploading his song onto ITunes. Except when he is done it appears that no one is buying his music. Everyone is buying his music for free off a piracy website called BitTorrent. Now he won’t be able to earn his money and he can’t get the official recognition he needs to become a top artist. Thousands of people are illegally downloading content of the internet. Websites like BitTorrent harbor and allow these people to basically steal other people’s work. This doesn’t only apply to the music industry though. Movie industry, software industries, and video games industries are getting hit from online piracy. One of the way industries compensate for their loses from piracy is by raising their prices for people who don’t download illegally. Which will lead

One of the more radical pro-piracy viewpoints tries to debunk the activity’s monetary impact, stating that piracy poses growth in the economy. However, unnerving amounts of evidence that conflict this argument coincide with the music industry. Since the rise of digital piracy, the music industry consistently acquiesces some of the more menacing losses of revenue. The most alarming figure reports that in 2005, the estimates of revenue loss hit at least $25.6 billion in “sound recordings, motion pictures, business software and entertainment software video games.” (Seindenberg) Despite these demoralizing drawbacks, the industry maintains a platform to alleviate piracy towards music, calling for legal support such as noted by Seindenberg in his description of their efforts:

had touched on how people are making a hobby of illegally downloading music. I found an article by Amy Adkins titled How Does Illegally Downloading Music Impact the Music Industry. She touches on a few subjects of how illegally downloading music directly affects the music industry. She opens up the article stating that 30 billion songs were illegally downloaded between 2004 and 2009 which is a staggering statistic. Napster came out in 1999 and was a free file sharing website where people were getting music illegally. The music industry has loss $12.5 billion due to the availability of free music. Some people have been taken to court for being found downloading illegally. In her article Adkins reveals that due to the illegal downloading of music

Piracy, in music industry, is a huge problem that gets worse instead of getting better. According to The Guardian newspaper, 90% people between 14-25 years old, make music copy. Most of these copies are made in MP3 for personal music collections. The growing average was 300% in the last two year, in comparation to 150% of growing in two years previus. All of this, shows piracy is unstoppable.

With its software easily accessible on the Internet, the large impact file sharing has had on popular culture is indisputable. Not only did it provide an alternative to CDs, which were overpriced and only contained a few desirable songs, but also it provided an outlet through which new music could be heard. People had easy and quick access to music from other countries and new cultures, not to mention the massive amount of “underground,” lesser-known bands that produced music entirely different from the more popular genres. File sharing successfully managed to broaden the limited frame of popular music imposed by major record labels for the sake of maximizing

The question then became “Just because we can get the music we want without paying for it, should we?” (Tyson, 2000, p.1). This issue of illegal downloads, which is also referred to as piracy, has been a hot topic ever since the introduction of Napster. According to Recording Industry Association of America “In the decade since peer-to-peer (p2p) file-sharing site Napster emerged in 1999, music sales in the U.S. have dropped 47 percent, from $14.6 billion to $7.7 billion” (RIAA, 2014).

Cyber Crime is described as criminal activity committed via use of electronic communications with respect to cyber fraud or identity theft through phishing and spoofing. There are many other forms of cyber-crime also such as harassment, pornography etc. via use of information technology.

“Before the days of YouTube and the Internet, a band 's chances of striking it big depended on record companies. If a band was lucky enough to get a record deal, it gained access to a label 's vast resources and connections. The company paid for the band 's studio time, … and got its music played on the radio, reaching millions of record buying Americans” (Majerol, 1). Now, anyone with talent can post a video of themselves and become an internet sensation, only to then receive a deal with a label to continue growing their career. The issue is, with the Internet came digital downloading, and with the growing popularity of digital downloading came illegal downloading, known as Digital Piracy, which has affected the music industry greatly. This issue affects everyone involved in the Music Industry. From the small CD store owner to the Artist on stage, everyone has and continues to be affected by the growing popularity of digital downloading services. Artists, producers, and songwriters lose an estimated 12.5 Billion USD every year to illegal digital music services. Further, the economic impact from [digital downloading] is an estimated loss of 2+ Billion USD (Storrs, 1). This money affects the “little guys” in the industry and the average worker within the industry.

How can traditional (or old media) enterprises such as film, television and music overcome the threat of online piracy and file sharing?