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Audio Online
The music industry is a billion dollar industry that thrives on consumerism. ... Online piracy and recordable compact discs alone play a major role in the upset. MP3s provide illegal sound recordings online to anyone with a personal computer. ... Many record labels are run online, providing greater access to the public. Many labels start on the internet and operate solely online. A lot of already established record companies have expanded their business online, with positive results.
Online piracy refers to the playing or downloading from the internet songs and lyrics without getting authorization to, and without compensating the artists. ... Everybody loses with online piracy. ... With online piracy they dont get any royalties. ... The music industry loses 5 billion dollars a year to piracy, online and off. ... The RIAA, or Recording Industry Association of America, is currently working extremely hard to curtail online music piracy. ... A lot of online music sites offer custom made CDs that are completely legal. Many record stores have expanded online like www. ... This is great because there is more of a variety to listen to online, which lowers your chances of ending up with something you hate. ... Experts have projected that total online music sales could top 1 billion dollars by 2003, and climb as high as 5 billion dollars in 2005.
Another interesting thing that has developed is online record labels. Many already well established labels are expanding their business online. ... Many artists trying to be discovered can make contact with the right people through online labels. ... Many independent labels are run almost entirely online. ... If signed, the label will promote you online, offering samples of your music, and selling your stuff as well. They create online fan clubs, and do online concerts. ... The challenge is to find a method that can prevent copyright infringement online without interfering with legitimate uses of recorded music.
Approximate Word count = 1921
Approximate Pages = 7.7
(250 words per page double spaced)
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