...Running Head: IMPACT OF TECHNOLOGY ON MUSIC INDUSTRY The Cultural and Economic Impact of Technology on Music Industry [Name of Author] [Name of the Institution] Abstract Technology has played a pivotal role in evolving every industry at global scale, music industry is also influenced by technology. The impact of technology on the music industry has a mix reaction from the cultural and the economic domain. In this paper I will critically analyze the research on impact of technology mentioned in different journals, books, articles and papers. In order to compile this report a simple hierarchy has been followed. The impact in the cultural domain will be examined, its proposed solutions will be highlighted and alternative research methodologies will be defined. Then impact on the economic sector of the music industry will be critically reviewed in the evidence of different papers. Role of governing authorities will be examined and then proposed solutions will be defined. Table of Contents Abstract 2 Introduction 4 Discussion 5 Cultural Impact of Technology on Music Industry 5 Negative Impact 6 Economical Impact of Technology on Music Industry 7 Positive Impact 7 Negative Impact 7 Conclusion 8 References 10 Cultural and Economical Impact of Technology on Music Industry Introduction Music is a form of art essentially created for the purpose of entertainment. It has now evolved as a resource of expression for multiple human activities ranging...
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...the Creative Industries Introduction File sharing hosts, who provide online storage to share various files ripped from media like recorded music, films, and books, have been considered as a type of internet piracy that threatens the creative industries, including films, music, software, and books. (Van Eijk, 2011) However, after the shutdown of Megaupload, one of the most popular file hosting site, a series of ripple effect happened, causing several other file sharing hosts either deleted their files, or set up an access restriction. (Peukert and Claussen, 2012) It appeared to be an impact on the internet piracy and the revenue of the creative industries would go up — But it didn’t. According to Peukert and Claussen (2012), for example, the revenue of the film industry have decrease ever since Megaupload’s shutdown. The purpose of the essay is trying to analyze the relationship between the internet piracy via file sharing hosts and the revenue of the creative industries — how does the former interact with the latter — and a solution to resolve the declined revenue of the creative industries. Internet Piracy and File Sharing As its name suggests, “Internet Piracy” refers to manufacturing and distributing unauthorized copies, ie. “pirate copies”, on the Internet. (Panethiere, 2005) While the term “File Sharing” means to share a file with another person physically, such as storing and distributing a file in a CD, DVD, or a drive, or via uploading to the Internet to be downloaded...
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...The advent of the internet has had a profound effect on countless aspects of our lives. Since the internet’s commercialization and availability to the general public in 1995, its impact and influence on our culture and commerce has been immeasurable. Nearly every industry has been affected to some extent or another by the widespread use of the internet. The entertainment industry has received seemingly endless media coverage pertaining to the industry’s adaptation, or lack of adaptation, to the new age of the internet. The entertainment industry (also informally known as show business or show biz) is a broad term for the industry of providing entertainment, which includes the sub-industries of radio, television, film, music, and theatre. This industry has gone through an enormous transformation since the internet’s inception in 1995. The internet continues to pose many challenges and opportunities to the industry. This paper will examine the impact, both positive and negative, that the internet has on the entertainment industry. Media coverage indicates that, among the entertainment industry, the film and music industries have been most affected by the World Wide Web. However, the other forms of the entertainment world have, albeit to a lesser extent, been affected as well. The least affected area of show business is theatre. The very nature of theatre is to view a performance live and in-person. There are websites, such as Arte Live Web, that do broadcast live theatre...
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...Will the Web Kill Colleges? In this paper I will examine the article written by Zephyr Teachout entitled “Will the Web Kill Colleges”. The key point of Teachout’s argument is whether or not the Web will kill Colleges. According to the author Zephyr, “undergraduate education is on the verge of a radical reordering” (Chaffee, p.91, para 2). Zephyr states that colleges will be torn apart by the Internets new ways of sharing information. Classes are slowly changing from an in class setting to an online setting that may become permanent over the next 15 years. The author also states “colleges are becoming more virtual” (Chaffee, p.91, para 3). Traditional Colleges will experience a decline in enrollment and since they are depending on tuition this will hurt them tremendously. You don’t have to be in a classroom to do research, ask questions and receive lectures to gain a full learning experience. “The funding of academic research, the culture of the academy and the institution of tenure are all threatened” (Chaffee, p.96, para 4). The evidence used by the author to support his argument is the cost of getting a online degree are relatively inexpensive compared to traditional college. For example, “in state online undergraduate completion degree offered by the East Carolina University costs only $99 per credit hour which is a base of $1200 a year” (Chaffee, p.92, para 2). And the author also believes that the price will “only dive in coming decades as more universities compete...
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...has the music industry been affected by the internet and digital downloading? As the world progresses, internet power is handed over to people and the digital music downloads and sharing of files has become so common that the business in the music industry has started deteriorating and they are losing money really fast. This project came into my concern since the available number of musicians and their music genres on the internet is very high. A few megabytes and the song is already on your digital device and all qualities are available without using a lot of money to access the music. The expense an artist uses is so much and there is no profit to gain after the music is produced and probably it might not hit. I anticipate joining the music industry that is why this topic is of my major concern. The main issue in question is how has the music industry been affected by the internet and digital downloading? Annotations BBC News. US Court Re-imposes $220,000 Music Piracy Fine. BBC News. 2012. Web. Retrieved from http://www.bbc.co.uk/news/technology-19572817 In this article, a lady, Jamie Thomas-Rasset was accused by the Recording Industry Association of America, a trade organization that supports major music industries, that he had been pirating music and uploading them on the internet. She was fined a large amount of money per song and this shows how serious the digital downloading of music has affected the music industry and has become an offense to share the music online. This...
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...The Internet: How has the internet impacted society? Rob Ash ENGL 393 Professor April Walters April 5th , 2016 ------------------------------------------------- Table of Contents Summary of the Internet……………………………………………………………………………………………3 Are children smarter or more socialized because of internet?......................................3 Should the federal gov’t be allowed to regulate info on internet?................................5 How has the music industry been effected by the internet?.........................................6 Conclusion………………………………………………………………………………………………………………….9 Works cited…………………………………………………………………………………………………………………10 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Summary The internet plays a huge part of our everyday lives. As far as giving a typical definition it’s kind of difficult to give the internet one meaning. Unlike any other technology, the internet can be whatever we can make it. We can shape it however we may choose and the best part is how affective it’s used to connect to people, communities and countries all over the world. In the early days when the internet was still considered new, most people just used the internet to search for information. Most traditional communications...
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...knowledge towards us students. Table of Contents Acknowledgement ……………………………………….. 2 Table of Contents ……………………………………….. 3 Abstract ……………………………………….. 3 Introduction ……………………………………….. 5-6 Background ……………………………………….. 7-8 Thesis Statement ……………………………………….. 9 Argumentation ……………………………………….. 9 I. ……………………………………….. 9 II. ……………………………………….. 10 III. ……………………………………….. 11 IV. ……………………………………… 12 Conclusion ……………………………………….. 13 Summary ……………………………………….. 13 References ……………………………………….. Abstract Since the establishment of the Internet, people have been using this power of communication and using it to utilize their files: they can use it to send their files to others and receive others’ files as well. But over the years as the Internet grows...
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...Music Piracy and its Effects on the Demand, Supply, and Prosperity of the Music Industry Abstract In an era where pop culture and technology are rapidly growing, intertwining and becoming embedded in the everyday lives of Americans, it was inevitable that their paths would cross. Possibly the most affected medium of pop culture is the music industry. The growth and development of the internet is either their biggest gift or biggest curse. Modern technology has made wide-scale trading of music possible in the form of MP3 files available over the internet for free. Users can simply upload the files to these sharing sites and millions of others at any given time have the ability to download it from them. The Recording Industry Association of America, however, doesn’t share the enthusiasm about these file sharing practices. To them, it is stealing from the record company and from the artist themselves. Consumers don’t tend to see it that way. The issue that arises here is whether or not should music be accessible for free trade over the internet. On the one hand, it is thought that MP3 downloads reduce sales of legitimate CDs. On the other hand, it can be argued that downloading free MP3s could actually encourage someone to buy a CD which they may not have purchased had they not heard it in its entirety. This is known as the sampling effect. The focus of this research paper will be to paper analyze the impact of music file sharing on the demand, supply, and prosperity...
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...Introduction to Management | Internet Business Models – A Case Study. | Nicole Fearon | user 5/3/2012 | Contents Question 3 Approach 3 The Case (Taken from TTFI.net Article) 4 Case Analysis 5 Business, Industry and Government Reviews 7 SWOT Analysis 7 Analysis Summary 8 Porters Five Forces Model 9 Porter’s Diamond Model 11 Demand Conditions 12 Related and Supporting Industries (collaborative industries) 12 Firm Strategy, Structure and Rivalry 12 Role of Government 13 Interconnectedness, Complexity and Business Models 15 Challenges and Strategies 15 External 16 Internal Strategies 17 Summary 19 Reference 20 Question Select one of the themes listed at the end of this table and undertake further research to prepare a paper outlining the key developments in the area. Your paper should contain references from a minimum of 15 sources, which should be clearly identified in a table of references or bibliography. You should also indicate the implications of your study for organizations in the Caribbean and provide recommendations for the adoption of strategies to address the challenges. Themes • Evolution of Management in the Caribbean • Managing in an Interconnected World • Managing the 21st Century Workforce • Use of ICT in Small and Medium Sized Business • Ethical Issues for Managerial Decision Making Approach Information and Communications Technology is a wide topic that can follow many paths. The focus for this...
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...SOFTWARE PIRACY IFSM 304 Abstract In the various media industries there are extreme worries concerning unauthorized downloading and copying of their products known as piracy. Piracy of items has been part of commerce for centuries; counterfeiting of currency for example. With the information age the ease at which media can be pirated has caused an explosion of this phenomenon. This practice is an illegal act that is done by individuals for personal use and also for profit. The first do not seem to see the issues caused by this practice such as; the spreading of viruses and lower quality products. We will use Reynolds' Seven-Step Ethical Decision Making Approach for the breakdown of the ethical reality of software piracy. Introduction Software piracy is defined as illegally copying software for distribution within the organization, or to friends, clubs and other groups, or for duplication and resale (PC Mag, n.d.). Software piracy is a worldwide issue. With the increase in the access to and the speed of the Internet the availability of pirated media continues to increase in availability. The most common of types of piracy follow: Softlifting: Borrowing and installing a copy of a software application from a colleague. Client-server overuse: Installing more copies of the software than you have licenses for. Hard-disk loading: Installing and selling unauthorized copies of software on refurbished or new computers. Counterfeiting: Duplicating and selling copyrighted...
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...Revolution In Digital Music Distribution Introduction Thesis Statement: Technological advancement has made the music industry got transformed overnight with the invention of the MP3 format compression technology and the introduction of the Internet file sharing services like Napster, Gnutella, and Scour thus seeing the major music labels taking almost anyone that is into digital music to court. The potential fear that led to the court actions center on how the music labels can possibly make any money if music becomes available in digital format for free. The question therefore is that if music is available free of cost, why would anyone pay for it? Could Napster conveniently say that it is indeed the first technology development to provide access to music content for free? Purpose of Study: This paper establishes the following: the industry conditions that led to the revolution in audio distribution while identifying which stakeholders are benefiting most or least; the reasons that made the music stores to attract many subscribers and what if any the record labels should have done differently; determine, if Apple allows its iPods to play non-iTunes songs, how long the success of iPods and iTunes endures; why musicians should sign away their copyright privileges to their songs through creative commons; and how podcasting would likely impact the appropriability of recorded music, radio broadcasting or other types of audio transmission. Overview of the Paper In 1991,...
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...……………………………………………………………… 4 2. DISCUSSION …………………………………………………………………… 5 2.1 TECHNOLOGICAL FORCES ON ENTERTAINMENT INDUSTRY … 5 2.1.1 1950’s ……………………………………………………………… 5 2.1.2 1960’s ……………………………………………………………… 5 2.1.3 1970’s ……………………………………………………………… 5 2.1.4 1980’s ……………………………………………………………… 5 2.1.5 1990’s ……………………………………………………………… 5 2.1.6 2000’s ……………………………………………………………… 5 2.2 CULTURAL FORCES ON ENTERTAINMENT INDUSTRY …………. 5 2.2.1 1950’s Mass Culture ……………………………………………….. 6 2.2.2 1960’s Counter Culture …………………………………………….. 6 2.2.3 1970’s Punk Culture ………………………………………………... 6 2.2.4 1980’s Heavy Metal and Rap Culture ……………………………… 6 2.2.5 1990’s Grunge and Rave Culture ………………………………...… 6...
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...use the internet have downloaded music or movies. Now, that the internet is more and more popular, people copy created works more easily. According to “Copyright and The Internet”, Kenneth Jost mentions that, “Each technological breakthrough made it less and less expensive to copy creative works with greater and greater fidelity to the original”(Jost). While a lot of the content on the Internet is free to download, that does not mean it is legal. What is illegal downloading? Illegal downloading is downloading without paying or obtaining permission for files that people do not have the right to use from the Internet. Illegal downloading is one of the ways that many people use to enjoy others’ property. Therefore, those who knowingly download and steal intellectual property should be punished with prison time because they destroy the profit of artists and producers, reduce the motivation of artists to create new property, and hurt the reputation of the Internet as a legitimate source of advertising. First, people who illegally download need to be punished because they hurt the profit of creative people. The music industry is one in which illegal downloading has had terrible effects. New artists especially work very hard to write a song or lyrics, and they hope to sell their creation and build a music career. However, if someone steals the song from the internet, those artists will never get a chance to be famous. Besides, illegal downloading reduces amount of recorded music produced...
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...Using Information Systems to Achieve Competitive Advantage In almost every industry you examine, you will find that some firms do better than most others. There's almost always a stand-out firm. In the automotive industry, Toyota is considered a superior performer. In pure online retail, Amazon.com is the leader. In off-line retail Wal-Mart, the largest retailer on earth, is the leader. In online music, Apple's iTunes is considered the leader with more than 75 percent of the downloaded music market, and in the related industry of digital music players, the iPod is the leader. In Web search, Google is considered the leader. Firms that "do better" than others are said to have a competitive advantage over others: They either have access to special resources that others do not, or they are able to use commonly available resources more efficiently—usually because of superior knowledge and information assets. In any event, they do better in terms of revenue growth, profitability, or productivity growth (efficiency), all of which ultimately in the long run translate into higher stock market valuations than their competitors. But why do some firms do better than others and how do they achieve competitive advantage? How can you analyze a business and identify its strategic advantages? How can you develop a strategic advantage for your own business? And how do information systems contribute to strategic advantages? One answer to that question is Michael Porter's competitive forces model...
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...the television industry? What problems have these forces created? The competitive forces that have challenged the television industry are substitute services and customers. Youtube has become a problem to the television industry. Instead of going to a cinema or buying an original copy of a movie, most people all over the world switch to Youtube as an alternative as they do not need to fork out any money to watch videos on Youtube. Not only Youtube, the television industry also faces problems from other video streaming websites whereby TV shows and movies can be watched without any charges by Internet users. In terms of customers forces, problem that has merged towards the television industry is that customers find it easier and more convenient for them to watch their favourite shows online. Rather than having to follow the television programme schedule, customers can easily watch any shows via the Internet at anytime they wish. Another problem would be the loss of revenue of the television industry as people might cut their TV cable and turn to watching online because it is indeed lower to them in the sense of money. Obviously, most people do not want to pay an extra sum of money for TV programmes that they can watch for free. 2. Describe the impact of disruptive technology on the companies discuss in this case. In the case study, the two companies that were affected by the advancement of technology is the music company and the cable company. The music company face declining...
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