This paper is going to consider the issue of file sharing in today's digital music industry. This certain benefit is being applied as inalienable component of the constantly growing and speeding up industry standards…
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The modern trend of business provides a great deal of importance to capitalize over cultural aspects that are integrally associated with social upbringing of an individual. Music is one such medium that incorporates within its scope diverse aspects of the social existence and acceptance, popularity or support for an artist or for a particular form of music varies according to the extent of using cultural traits and their commercialization in the modern business scenario. Compared to the earlier time, though music and various forms of performing art remained as a source of income or doing business since time immemorial, it never took form of an organized business industry as that of the recent situation. The post Industrial Revolution era witnessed a general trend provided a spontaneous impetus to the humankind to find all possible means to accumulate financial capital and encourage capitalism. Such capitalist aggression also blocked the natural right of common people to enjoy and consume the products of their respective cultures and it also suggested that if such rights are to be obtained, an individual is required to pay certain amount of price. Interestingly, the process of such prohibition also received legal acknowledgment in terms of protecting rights of an artist and encouraging the production of cultural artifacts: “Cultural production, like other areas of production, underwent a transformation as the Industrial Revolution gathered steam. It became possible to mass-produce cultural artifacts” (Giese, 2004, p. 348).
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Music offers eternal bliss, and the world revolves around it. Cell phones, elevators, shopping malls, not to mention some or the other tune one keeps humming always. There is music around us, be it in nature in the form of birds chirping, wind blowing, leaves rustling, brooks flowing, or manmade form the version which majority of people enjoy and cannot live without.
The following paper will examine the influence of file sharing and illegal downloads in order to discuss the impact it has had on the music industry. In examining the issue, it is clear that illegal downloading of music has contributed to the current downward spiral of the music industry, systematically destroying it in its current construction but leading to a new framework for the dissemination of musical experiences into the social world.
Traditional media retailers on the other hand, may not have has as much luck, most suffering great losses and so have shut down. Record companies have become more aware and ever so persevering in trying to find ways to stay afloat.
Next, it will tackle the trends in the industry along with the current technologies affecting it. It will then present the changes within the industry ushered by technological advancements and analyze the economic implications of these changes. It will conclude with a summary of its findings and recommendations.
The creation of the company will show the responsiveness of a business entity to the new trend and changes in its environment. The new changes in the music industry will give rise to the conceptualization of a company which will be known as eMusic Company.
In the boundless ocean of the digital culture, everything should appear as a blessing. In the music industry, however, the digital age has been seen as a mixed blessing. Because of piracy or MP3's, whichever name we give to the mixed blessing of the digital economy as it concerns the music industry, the digital economy is presently not in a state to flourish as much as possible even if the steadily rising numerical figures related to the growth of electronic commerce tell us another tale.
It is “based on a program that allows users to search for music stored in other Napster users’ computers and download a free digital copy into their own computers. The main contributors of Napster was a computer application that allows people to store store multimedia files in a decentralize manner.
The concept of multiple singers in one band has always been well known and appreciated. People’s liking for such bands speaks of their success. It is the variation in the pitch of voices of different singers in a band that gives the song that rich spice.
Pure thoughts in the world history have always led to conflict. The participants of cyberspace are larger than ever as we have witnessed. It is need of the hour to establish effective and practical ethical
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