Recording Industry and the Digital Age

Abstract\nIn this essay, several studies ar examined that enlarge the sparing impact of digital piracy on the harmony diligence and the U.S. economy. Also examined are the changes make in secure laws, as well as the written text patiences strategies designed to deal with this increment problem. \nThe first field of operations, done for calcium Management Review in 2010, shows steady industry process throughout 1990s rapidly eroded with Napsters place upright in popularity in 1999. A second study, completed in 2009 for the International Science Review, indorse up earlier claims made by the recording industry in Federal act that they account for a world-shattering portion of the U.S. Gross domesticated convergence. The study also shows a direct correlation mingled with increases in file share-out and decreases in sales. The final study examined was completed in 2009 for contemporaneous Economic Policy. It offers evidence that the recording industrys partnerships w ith digital content providers, is having a appointed effect on consumers willingness to pay for low priced bounty content. Further research is call for in order to measuring the impact these [and yet to be] partnerships suck in reducing online piracy.\n\nKeywords: digital piracy, medicament piracy, file sharing, economic impact, U.S. Copyright Law\n\n tribal chief Crook: Why the recording effort must hold to the Digital Age\n fit to the U.S. Department of Commerce, the Entertainment Industry [as a whole] accounts for 6% of the get together States Gross Domestic Product [GDP] (Bender & Wang, 2009). Since 1999, the RIAA [Recording Industry Association of America] has seen sales of recorded music pin from $14.6 billion in 1999, to $7 billion in 2011 ( backdrop of the Problem, n.d.).\n\nThe source of the recording industrys dramatic losses since 1999, are the pervasive subject of sites that offer free uploaded music available for downloading and sharing. These sites have w eaken a music industry that many felt had been...