New Challenges faced by the Music Industry.

New Challenges faced by the Music Industry

David Brine

The music industry faces newborn challenges, both technological and legal, and must learn to embrace, or bailiwick with these, while protecting their rights as producers. The new phenomenon of the MPEG Layer 3 encoding (MP3) and the peer-to-peer networks present a challenge to the traditional preserve and distribution methods. Before now, there has never been a large-scale piracy network such as exists on the net profit now, nor was there such a wide-scale distribution method.

This essay pass on examine two options that are available on the net profit, and equal them. Peer-to-peer networking is virtuoso of the major legal stumbling stones in the current environment, and licitly it is the focus of the recording industry as a whole, and someone artists. It now reaches beyond the music industry as it at a time did, but this industry is its major opponent. Another option is a subscription-based user pays service, which was championed by private businesses initially, but has since been taken up as a viable option by some(prenominal) recording industry groups.

As a case study for this interrogation project, the company MP3.com seemed to be appropriate. As an example of a lector-pays website, MP3.



com was one of the first such websites, and despite a spate of lawsuits and threats, it has make use of industry agreements and contacts to become one of the leading internet innovators.

In comparing these two models of sharing music via the internet, they are akin(predicate) to two original theories. The peer-to-peer network structure is an example of a network society as outlined by Manuel Castells, and the subscriber model, or Music Service Provider (MSP) model, is comparable with Charles Landrys creative milieu.

A Global Business Opportunity

The internet presents businesses worldwide with a commodious opportunity to market to consumers across...

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