What Is an Example of an Intangible Good? by Forest Time‚ Demand Media [pic] While an MP3 player is a tangible good‚ an MP3 is an example of an intangible good. Related Articles • Definition of Total Intangible Amortization Expense • How to Sell Tangible vs. Intangible Products • Is a Company Allowed to Amortize Its Intangible Assets? • How Is Copyright Intangible? • Definition of Intangible Sales • Do Intangible Assets Carry Over From Year to Year on a Balance Sheet
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distributing music in digital format – a problem which many researchers have worked on for some time. One solution‚ developed by one of the Fraunhofer Institutes in Germany‚ is a standard based on the Motion Picture Experts Group (MPEG) level 3 protocol – MP3. MP3 offers a powerful algorithm for managing one of the big problems in transmitting music files – that of compression. (Tidd 46-47) This is achieved by cutting out those frequencies which the human ear cannot detect. There is also scope for innovation
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look into another persons hard-drive in order to trade music. "Napster and similar software provides users with a method of searching thousands of other users computers to share thousands of high quality music‚ music that is stored in the compressed .mp3 format."(Internet). Music of the popular artist is traded through the Internet at no cost. In other words instead of having to pay market price for music users of Napster receive the music for free. Napster has caused major controversy throughout
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since later in the article he says basically technology is given to us only to be taken away‚ by newer forms. What comes to mind when I think of gradual betterment is progressive improvement‚ so how can Postman say that it is taken away. Cell phone‚ mp3 players‚ DVDs‚ smart phones‚ etc are all improvements to previous technologies that we are already accustomed to. One of mankind’s greatest technological revelations would have to be the invention of the wheel. It was revolutionary‚ yet as helpful as
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Napster & MP3: Redefining The Music Industry Introduction Napster was the first‚ very innovative music technology application that allowed users to download MP3 from the internet and other peers for free‚ or at a cost. Napster strongly adapted the word sharing and put it their own terms to avoid any copyright infringement but it ended badly on their part. This disruptive technology was leading the market and had over 60 million users by 2001. Although very similar technologies were soon
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MIDI MIDI files contain no sound. Repeat‚ MIDI files contain no sound! They contain only performance data. Piano Rolls In years gone by‚ player pianos played music by "reading" holes punched in a roll of paper. You could hold that paper to your ear all day long and never hear any sound from it. That’s because the paper was only a conveyor of information. It told the piano what notes to play‚ but the piano did the actual playing. MIDI files are the piano rolls of the electronic age. They contain
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Background</b> <br>The Napster software (http://www.napster.com)‚ launched early in 1999‚ allows internet users to share and download MP3 files directly from any computer connected to the Napster network. The software is used by downloading a client program from the Napster site and then connecting to the network through this software‚ which allows sharing (uploading and downloading) of MP3 files between all users connected to the network. While Napster does not condone copyright infringement‚ there is no opportunity
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Napster Controversy Executive Summary This case takes a look at the Napster company which was launched in 1999 by freshman Shawn Fanning. Napster was later shut down in 2001 due to violations of copyright laws. The Napster;s offerings was later condemned By RIAA (Recording Industry Association of America)‚ a trade group representing the world’s biggest record labels‚ Universal music‚ Sony Music‚ Warner Music‚ EMI group and Bertelsmann AG.This case study gives a detailed analysis of the creation
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Total Recorder operates by capturing streaming audio from numerous programs such as Windows Media Player. So‚ in terms of ITUNES you could use this to convert an apple Itune to mp3 format which can then be played on any device‚ authorized or not. The legal issue is whether this violates the anti-circumvention provisions of the DMCA. The simple answer: It depends. After an overview of the appropriate statues and case law‚ it appears that the answer hinges upon what a person does with the converted
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Research on music piracy A Proposal Submitted to Ms.Rupal Khambhati Faculty (S.R.Luthra Institute Of Management) BY Farhan 14 Divyesh 23 Huzefa 15 Pratik 31 Bhaumik 58 Hardik 05 November 13‚ 2011 Executive Summary: In today’s technological era‚ the music industry is in a crisis. Music is being downloaded illegally more than ever .Rising costs for music coupled with a lack of guilt for pirating music has caused music piracy rates to skyrocket. Be it
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