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Piracy - Essay Example

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(Date submitted) Piracy Piracy is a form of stealing or capturing other people’s properties be it in material things or business matters. Every day, we hear news of attacks on shipping in Somalia and other parts of the world with their intention to rob…
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Download file to see previous pages... Practicing piracy may bankrupt a business and may causes human lives thus it should not be supported. Piracy may cause the business go bankrupt. In the study of Gopal and Gupta (p 1946), they stated that piracy had accounted for a yearly $40 billion revenue losses in software products alone. When this practice of piracy continues, time will come the branded software industry may loss its business. People may not patronize the original software products since counterfeited products may be offered at a lesser price. With the worldwide crisis, the presence of counterfeited products may suit the budget of the customers. In a Billboard news report, Tony Fernandez, Chairman of the local music industry in Malaysia gave a warning that the music industry might be destroyed for the next twelve months by piracy. He further noted that major departments in the country had closed as a result. He explained that business is impossible to continue and flourish if they stay to “bleed” (Patrick, p 47) as a result of decrease in sale of their legal products. In the sector of online infringement, piracy as a result of file sharing had in turn affected the sale of CD’s to decrease. ...Download file to see next pagesRead More
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Copyright enforcement - Digital Piracy
The pirates have always been capable of gaining advantage from others’ imaginations. Nowadays, the internet and other innovative communication technologies have made digital piracy a serious international issue. According to U.S. copyright agency, digital piracy can result in loss of billions of Dollars along with loss of significant amount of employment.
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News & World Report. This example shows one of the main drawbacks of movie piracy: it steals someone’s creative efforts and shares it, or profits from it in different ways. Movie piracy has gone a long way from people sharing a DVD/CD they bought with family or friends.
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With this, the rise of piracy came into play and since then the industry has been struggling. Currently, piracy is done through the internet where anyone with an internet connection can illegally download music from content providers.
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Internet Piracy
The Internet introduced a novel digital threat to legitimate copyright holders; and the illegal duplication of DVDs and CDs has proliferated, with Russia and a large number of Asian countries, emerging as the principal infringers (Mcclintock).
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In the light of growing technology, many industries have been extensively bolstered by the ever advancing knowledge on how to carry out things. The music industry is one of the sectors that have received a great boost since this era of enlightenment has seen myriad improvements in information and communication.
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