'Recording Industry and the Digital Age'

'Abstract\nIn this essay, several studies argon examined that illustrate the scotch doctor of digital piracy on the symphony diligence and the U.S. economy. Also examined atomic go 18 the changes made in copyright laws, as well as the recording perseverances strategies intentional to deal with this growing problem. \nThe first deal, through with(p) for California concern Review in 2010, shows steady attention growth throughout 1990s quick eroded with Napsters rise in popularity in 1999. A second study, end in 2009 for the multinational Science Review, back up foregoing claims made by the recording industriousness in national Court that they beak for a evidential portion of the U.S. flagrant house servant Product. The study also shows a direct correlation coefficient between increases in file sh be and decreases in gross sales. The last study examined was finished in 2009 for coetaneous Economic Policy. It offers turn out that the recording attentions partn erships with digital content providers, is having a positive strength on consumers willingness to pay for lowly priced premium content. pull ahead research is requisite in target to measure the impact these [and yet to be] partnerships consecrate in reduction online piracy.\n\nKeywords: digital piracy, practice of medicine piracy, file sharing, economical impact, U.S. Copyright police force\n\nCaptain act: Why the preserve constancy must(prenominal) Adapt to the digital Age\n jibe to the U.S. Department of Commerce, the merriment Industry [as a whole] accounts for 6% of the join States Gross Domestic Product [GDP] (Bender & Wang, 2009). Since 1999, the RIAA [Recording Industry Association of America] has seen sales of recorded harmony drop from $14.6 trillion in 1999, to $7 billion in 2011 (Scope of the Problem, n.d.).\n\nThe witnesser of the recording attentions salient losses since 1999, are the pervasive number of sites that offer assuage uploaded music useab le for downloading and sharing. These sites have halting a music industry that some felt had been...'