Internet Piracy and the Music Industries Business Model - Research Project

Best Essays
Research Project:
The Music Industry’s dramatic business model change from physical sales to digital downloads, how much the record labels are affected by internet piracy and how to regulate it.
Information Discovery, Analysis and Interpretation

Contents Page Page

1. Executive Summery 3

2. Scope of Report 4

3. Overview 5 4.1 The Definition of Internet Piracy and the Damage it causes 5 4.2 The Decline of Physical Sales and the Rise of Digital Downloads 6-7 4. Research Methodology 8 5.3 Data Collation 8 5.4 Data Interpretation and Calculation 9 5. Findings 10 6.5 Assessing Internet Piracy and comparing physical sales to digital downloads 10-11 6.6 How Much Internet Piracy Damages the Music Industry and the Economy 12 6.7 The Factors that contributed to EMI’s near demise, and savior 13-14 6.8 A Comparative View of the Entertainment industry 14-15 6. Conclusions/recommendations 16

7. Appendix



References: Institute for Policy Innovation (2007) Policy Report 188, “the True Cost of Sound Recording Piracy to the U.S. Economy”, 2007 The Recording Industry Association of America (2012) “Piracy Online” International Federation of the Phonographic Industry (2011) “Digital Music Report 2011” Hui, Kai-Lung, and I.P.L Entertainment Retailers Association (2011) Yearbook 2011, “Distribution of Recorded Music Retail Revenue” Maltby Capital Ltd, Annual Review (2009) “EMI Acquisition & Financial Overview 2008/2009” Maltby Capital Ltd, Annual Review (2010) “EMI Financial Overview” Anon (2000), Napster shut down Terra Firma (2010) “Annual Review” Terra Firma (2011)“Annual Review” Richard Cooper (2012) Information Handling Services “Latest Industry Trends”, BSAC Film Conference British Video Association (2011) “BVA Annual Yearbook 2011” CitiGroup, (2011) “Annual Report 2010/2011” Ofcom UK (2012) “fixed-line broadband performance”, Feb 2012 Beats (2011) “HTC and Beats Press Release, 2011”

You May Also Find These Documents Helpful

  • Good Essays

    Research on Music Piracy

    • 991 Words
    • 4 Pages

    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…

    • 991 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Institute for Prospective Technological Studies Digital Economy Working Paper 2013/04 Digital Music Consumption on the Internet: Evidence from Clickstream Data Luis Aguiar Bertin Martens 2013 Report EUR 25851 EN European Commission Joint Research Centre Institute for Prospective Technological Studies Contact information Address: Edificio Expo. C/ Inca Garcilaso, 3. E-41092 Seville (Spain) E-mail: jrc-ipts-secretariat@ec.europa.eu Tel.: +34 954488318 Fax: +34 954488300 http://ipts…

    • 17239 Words
    • 69 Pages
    Good Essays
  • Powerful Essays

    Piracy: The New Business Model Through the digitalization and advancement of network structures such as server-based, peer-to-peer (P2P), and torrent file sharing on the Internet; it is now easier than ever to illegally copy a digital product. Producers and distributors of a digital product can easily make duplications of the original and distribute them either legally or illegally over the Internet. Furthermore, an individual can duplicate and distribute a digital product through personal devices…

    • 1747 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Internet Piracy

    • 606 Words
    • 3 Pages

    Internet Piracy has become a worldwide phenomenon and continues to grow everyday. Illegal music downloads, movie downloads, and now even video games contribute to the growing problem. In the U.S. alone more than 100 songs are downloaded every minute. There are 71,060 jobs that are lost in the United States every year due to Online Piracy. We have to admit that people pirate a lot of data. Whether it’s for video games, movies, professional and costly products, or operating systems, people pirate stuff…

    • 606 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Internet Piracy

    • 1188 Words
    • 5 Pages

    Internet Piracy has become a worldwide phenomenon. In the U.S. alone more than 100 songs are downloaded every minute. With this growing problem, 3 main groups suffer. The recording artist suffers financially, the RIAA (The Recording Association of America) also suffers financially and finally the downloader suffers if caught. This catch 22 tool has been a thorn in the side of technology since its introduction in 1999. Since then, downloading- or peer-2-peer sharing- has become one of the worst acts…

    • 1188 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Music Piracy

    • 2845 Words
    • 12 Pages

    Music Piracy In the 21st century, many changes have been made to digital media. One such media that has experienced an extreme change is music. It is no longer just a type of media that is made by singers and bought by consumers, but it is now part of the “dark, scary” side of the Internet. There are even journal article authors who have written about music piracy. “Music is the most widely pirated media in the world today. From singles to albums to recording demos, music of all genres is ripped…

    • 2845 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Internet Piracy

    • 2884 Words
    • 12 Pages

    History of the Internet Piracy Debate Executive and Legislative Branch Actions T he Internet has become a central part of the American economy, delivering innovative products while eliminating the need for inefficient middlemen. However, the free flow of information facilitated by the Internet has also created problems with copyright and trademark infringement. The problem is significant; as much as 6 percent of the U.S. gross national product is generated by industries supported by intellectual…

    • 2884 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Internet Piracy

    • 1159 Words
    • 5 Pages

    done about a current issue involving “internet piracy” has been a hot topic in several countries, including the United States. The issue at hand is a claimed figure that allegedly spans upwards of 250 billion dollars translated to American currency in losses on behalf of several international multimedia franchises according to statistics compiled by the Director’s Guild of America. These losses are observed in franchises including but not limited to: film, music, computer software, video games, publishing…

    • 1159 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Introduction The piracy of copyright protected digital goods is a large and growing problem in the music, computer software, videogame and film industries. Digital piracy includes the purchase of counterfeit products at a discount to the price of the copyrighted product, and illegal file sharing of copyright material over peer-to-peer computer networks. The International Federation of the Phonographic Industry (IFPI) claims that about 34% of all recorded music products sold worldwide in 2004…

    • 5100 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Music Business on Internet

    • 1499 Words
    • 6 Pages

    Music Business on Internet by Anastasia Yuanita Airlangga University, Surabaya Internet has been widely known as the most sophisticated thing that happens in the world. People have been using it for more than fifty years; internet has become useful to human civilization. It provides easier connectivity, plenty information, and effectiveness. Even people can run an online business with internet. One of the online businesses which is currently emerging is music business. It all began on…

    • 1499 Words
    • 6 Pages
    Good Essays