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Word Count: 629
The recording industry is one of the great global industries of today It brings pleasure and fulfillment to people of all ages cultures and creeds it is one of the leading creative industries that increasingly drive the development of modern economies and it is pioneering in the era of digital technologies and electronic commerce In todays age when it comes to getting something for cheap or something for nothing people will try their best to get it One of the most unstable industries today is the recording industry The reason for this is in todays society everyone tends to download music instead of buying it form a store So the hundreds of hours and money put into recording an album has to be made back some how It happens like this one person would spend the 1499 to buy an album then they would put it on their computer and log onto the Internet Then millions of people are able to go on the Internet and download that same album for free Then you have the people who download the music and sell it on street corners for less than half the original price Their making 100 Tax free profit off of someone elses hard work All of this can be done form anyones personal computer What their doing is stealing Its called music- piracy For someone to download and sell music that they didnt make is a felony One of the many non-profit organizations that try to stop this is the IFPI Protecting copyright fighting piracy and promoting the value to modern economies of a thriving legitimate music industry are core activities of IFPI The IFPI is an organization representing the international recording industry It comprises a membership of 1500 recording producers and distributors in 76 countries They stop people from swapping music over the Internet IFPIs priorities are fighting music piracy and promoting fair market access and having adequate copyright
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