Today click-and-download innovation provides a higher hazard to the music recording industry than all other previous music-delivery innovations combined.
Music piracy exists in 3 various airplanes:
Illegally mass-manufactured pirate music CDs
Unlawful copies of properly acquired music CDs
Illegally downloaded digital copies of recorded music
A recent research study on the financial effect of music piracy (Institute for Policy Innovation, August 2007) paints a grim image. The impact of music piracy to the U.S. economy is estimated at U.S. $12.5 billion each year.
Obviously, these figures are based upon the assumption that sales of recorded music on CD would have held continuous, or enhanced, from year to year. The truth is, however, that CD sales are on the decrease as MP3 gamers and other digital technology make the need for music on physical media outdated.
In addition to falling CD sales, half of America’s independent record shops closed between 2003 and 2005. (NY Post). One of the largest global chains of taped music sellers, Tower Records, closed its doors permanently on December 22, 2006.
Want to see how widespread music piracy actually is? Here’s a real-time counter that shows the variety of illegal music files downloaded around the world every second.
When the average individual thinks about music piracy, she or he typically thinks of unauthorized sharing of downloaded or taped music between little groups of buddies. And while those numbers do contribute to the music industry’s losses, the greatest losses happen from the sale of pirated music that is burned onto CD-R disks by the thousands in small office laboratories by professional music pirates.
The costs of music piracy are staggering not only for the high profile superstars however for the brand-new artists also. It is essential for each artist and band member to comprehend the nature of music piracy and discover the best ways to fight this problem. Know your rights, and discover about the technology that exists that can safeguard you and your copyright (music) from piracy.