The international laws regarding copyrights and patent issues have been advanced to protect artist in the entertainment industry from incurring losses in their works. The modern technology came with both the positive and negative impacts in the business world. The internet has…
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Research has shown that websites that offer free music and movies do not control the content being accessed either by downloading or live streaming. Apparent, live streaming has become quite popular in the recent past compared to downloading. Pirate Bay is a renowned website that offers a platform for free downloads of movies and music without authorization from owners. The website has over two million users, and the number is expected to be greater in the coming few years.
There exist several ways through which pirate bay earn money from the services it provides. Essentially, no one can conduct business without earning some profits. One of the principal approaches through which the Pirate Bay make money is through advertisements on their website. Research has shown that Pirate Bay facilitates sharing of millions of files very month. This depicts that millions of people visit the website every month. Many companies have realized that if they use Pirate Bay website to advertise their business, enormous profits can be generated. As a result, many business entities have established contracts with Pirate Bay to advertise their products. As a result, advertisements have been the major sources of money for Pirate Bay.
The Internet technology has revolutionized business processes and modes of operation. The Pirate Bay has realized the benefits of website development to include platforms that facilities links to other web pages. Sharing of links has been another way of making money for Pirate Bay. The companies wishing to popularize their websites pay the company a certain amount of money to share the links to such websites. Apparently, it can be observed the Pirate Bay operates a P2P business model since the contents in the website are shared among people of the same level.
The cloud-based media sites make money through the sale of music and movies in the various online platforms. In addition, the sites
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“Piratesbay Case Study Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/e-commerce/1699737-piratesbay.
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