Music on the Internet
With the IT development every one no has a chance to record copies of the favorite music from different internet websites. The country's GNP is highly influenced by the music industry. Therefore, the music industry can influence the life of each and every person. The production costs in the industry are very high and producers are doing everything possible to cut the costs and to run the business as efficiently as possible.
The music industry maintains its control over the music it distributes
by the use of copyright laws. These laws allow the originator (or
owner) of the music (also books, pictures and movies) to control its
release and reproduction. People and companies that want to reproduce
or use the music must pay a fee to the owner of the music. When the
most common way to own a copy of a particular piece of music was a
vinyl record, the music industry was not overtly concerned about
unlawful duplication of its products. Improvements in technology have
changed the format of the music that available at retail outlets
(digital recordings, Compact Disks) and how some consumers acquire
copies of that music.
Personal computers now have the processors, sound cards, software, and
memory to record, play, and faithfully reproduce a particular piece of
music infinitely. One of these new advances in software is
file-sharing programs. These programs allow a person to go to an
Internet web site and by using the program download digital copies of
the music. These copies are as clean as the original recording and are
in effect free to the consumer. One such company that provides the
software and downloading service is Napster. Napster provides a web
site that allows users to gain access to music files from other users
by downloading them for their own personal use on their computer.
When one CD is not sold, many sectors of the economy
show negative effects. At the wholesale level, the artists that write
and record the music, companies that manufacture the CDs, containers
and labels, trucking companies that move the CDs to music stores all
lose money. At the retail level the owners of the music stores and
finally their employees all lose some money when a music is
distributed outside the normal distribution method (as well as the
owners and employees of used CD stores). These losses do not include
the lost tax revenues that the Federal, State and local governments do
not receive as a result of these downloads, thereby reducing the
amount of money available for public projects.
The Internet has presented the music industry with both a problem and
a solution. With so many people using the Internet to download music,
whether Napster survives or not, music downloading will continue. The
number of Napster users grew from 1 million in February 2000 to over 9
million in December. Other free services provide Internet users with
the same service as Napster. Many businesses have already used
the Internet to bypass traditional retail merchants. Companies such as
Lands End effectively by pass the retail distribution system to manage
and sell their products through catalogs and their web site.
About the Author: The article was produced by the writer of masterpapers.com.
Sharon White is a senior writer and writers' consultant in finance term paper writing.
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