Recording Industry and the Digital Age

Abstract\nIn this essay, several(prenominal) studies be examined that illustrate the sparing violation of digital buccaneering on the practice of medicine patience and the U.S. economy. Also examined are the changes do in copyright laws, as well as the put down constancys strategies knowing to deal with this growing problem. \nThe graduation charter, done for California trouble Review in 2010, shows calm down industry growth passim 1990s quickly decay with Napsters rise in popularity in 1999. A game study, consummate in 2009 for the world-wide Science Review, backed up earlier claims made by the recording industry in Federal Court that they calculate for a significant quite a little of the U.S. stark(a) Domestic Product. The study also shows a lineal correlation between increases in file sharing and decreases in sales. The final study examined was completed in 2009 for Contemporary economic Policy. It exserts evidence that the recording industrys partnerships with digital heart providers, is having a positive achievement on consumers willingness to stomach for low priced premium content. nurture research is required in order to measure the impact these [and yet to be] partnerships have in reducing online piracy.\n\nKeywords: digital piracy, music piracy, file sharing, economic impact, U.S. right of first publication Law\n\nCaptain arch: Why the Recording manufacture must Adapt to the digital Age\nAccording to the U.S. segment of Commerce, the Entertainment pains [as a whole] accounts for 6% of the United States Gross Domestic Product [GDP] (Bender & Wang, 2009). Since 1999, the RIAA [Recording Industry Association of America] has seen sales of record music drop from $14.6 one thousand thousand in 1999, to $7 zillion in 2011 (Scope of the Problem, n.d.).\n\nThe showtime of the recording industrys dramatic losses since 1999, are the pervasive number of sites that offer free uploaded music functional for downloading and sharing. These sites have crippled a music industry that umpteen felt had been...