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Word Count: 3,475
The world phenomenon with technology has finally infiltrated into the recording industry College students around the world are getting their favorite music songs and downloading them from the internet illegally College students are the majority of the downloaders but with the release of the MP3 player and the I-Pod just about anyone now a day goes and downloads music songs illegally The recent phenomenon came about when college students were using a program called Napster to get their music from but Napster was taken offline due to copyright infringement laws Now Peer-2-Peer networks are now becoming the next big wave in the transfer of music The problem with the downloading of music is the basis by the recording industry of saying that it is copyright infringement and that music downloaders are stealing music The law on online piracy was unknown thing until Napster came about then the United States Congress passed what is called The Millennium Digital Act All of this has affect on the economic profits of the recording industry I will look into whether or not all of these aspects really do affect economic profits of recording industry and their artists The MP3 player was released for consumers to get around with a light weight device that can play music This device usually could hold only hold up to about 100 songs depending what size of hard drive you got As a means of profit and to get more people into the digital age Apple released the I-Pod into the mainstream market and consumers were buying them like they were candy The I-Pod is a device that can hold and store music files of peoples favorite artists to listen to them whenever they wanted to This device can hold up to 10000 songs The deal with the I-Pod is that consumers were supposed to buy songs legally on Apples website called iTunes They were to charge for each song download or album downloaded
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