scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,509
We have the opportunity to create a personal jukebox in the house and car This is the takeoff point for the music business A Little Net Music 34 These statements by AOL Chief Executive Stephen M Case reflect the latest trend in the music industry for the distribution of recorded music Advances in technology now allow individuals to record their own digital copies of music with its high fidelity from numerous Internet web sites In 1999 approximately 100000 music downloads were officially recorded by 2004 these downloads are projected to reach over 12 billion The music industry is big business and its actions influence the nations Gross National Product GNP Universal Music Group had revenues of 375 billion in 1999 Turning Traitor 32 But thats a fraction of the 40 billion that the recorded music industry racks up in sales A Little Bit of Net Music 34 The cost of doing business in the music industry is very high and the music companies are trying to figure out new ways to get their products to consumers and for them to buy them This trend in music switching to Internet based systems can influence the economy by changing the traditional methods of retail sales and increasing the companys sales and profit and by exploring new methods of distributing its products to consumers 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
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA