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Introduction: For centuries people had dreamed of capturing the sounds and music from the environment. Many had attempted it but no one had succeeded until Thomas Alva Edison discovered a method of recording and playing back sound. What had started out as an apparatus intended as part of an improved telephone led to the development of an instrument which would change the world, making it a happier, even a better, place to live. Revolutions: (Case of Mp 3 sharing software development) A revolution in the music industry has surfaced In 1999, Shawn Fanning, a Northeastern University undergraduate, wrote a small MP 3 -sharing software application known as Napster. Originally designed for the exchange of Fanning and friends' own recordings, Napster quickly became a conduit for mainstream MP 3 s, and an MP 3 -sharing community was built overnight as the beta version of the shareware program quickly caught on. New songs could be found and downloaded at the touch of a button.
Entire albums could be exchanged in minutes for free. In addition, the natal Sagittarian Sun (self) in the companys chart sextile's Mars (action) conjunct Neptune (illusion, lack of boundaries), producing the ability to do it all anywhere with complete anonymity. The Recording Industry Association of America contends that the service Napster provides is just a high-tech shortcut to music piracy. But in recent friends of the court briefs, the Computer and Communications Industry Association, which represents tech giants like AT&T, Yahoo and Oracle, said the courts need to reinterpret and revise some of the overprotective models for guarding intellectual property. Online business contributed much to the music industry as similar to the other traditional companies. It helped the business to grow globally and to reach out the customers all over the world.
Easy access, news details, shipping to home, attractive prices, lots of choices made the music industry to boom in the early 1990 s. Music Vs Internet: The recorded music industry has capitulated. After years of effort and millions of dollars spent on lawyers in prosecuting music pirates, the big four record companies have joined the internet age. Legal, pay-per-track music sites are about to proliferate.
Australia should have its first by Christmas. It is likely it will be a local version of the successful Apple i Music Store, which operates only in North America. Locally, Telstra is working on a licensing deal with at least one record company. The future of music sites depends on forging complex regional licensing deals between the record companies, musicians and online vendors such as Apple, Real Networks' Rhapsody, Roxio (owners of Press Play and about-to-be legal Napster) and Microsoft's MSN. Billions of dollars, and the future of the record industry as we know it, is at stake, but the juggernaut is rolling.
The Rolling Stones recently gave rights to their entire library to Rhapsody. Music stars Beyonce and Avril Lavigne have done exclusive deals with Apple. John Lydon (aka Johnny Rotten) is selling on his own website, as are other mid-field and budding artists. Stephen Peach, chief executive of the Australian Recording Industry Association, which has been prominent in anti-piracy efforts, says prosecutions will continue but the industry recognises the revolution and will respond.
It was the vision of Apple's CEO, Steve Jobs, with his status as the great innovator of the digital age, that broke the ice with the big four record companies, Sony Music, EMI, BMG and Warner, and led to his dealing at the highest levels with the notoriously myopic, not to say greedy, record business Negative effects: Though the internet provided a good response for the music industry to boom and reach out the consumer there has been some negative effects. Piracy is one of the most leading negative effects in the case of music industry. With the internet developments day by day, music sharing illegal downloading of music and movies cost the industries a lot. Below are some of the cases explained. Online piracy, through sites such as Australian-owned KaZaA, Audio Galaxy, Lime wire and Napster in its heyday, is blamed for chopping more than 10 per cent off record company annual revenues, which are about $ 600 million in Australia. "They needed some volts up their backsides and the internet gave it to them, " one veteran music pirate says. "Most pirates are not teenagers but blokes like me in their 40 s looking for rare and esoteric stuff the big companies ignore. "I've just downloaded tracks from an Abba promo disc you can't buy.
I've got 10 gigabytes of music on my hard drive, most of it old ' 60 s and ' 70 s rock concept groups too drugged out of their minds ever to have made it to the top. The big rip-off is kids bulk-copying CDs for their friends. "
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Research essay sample on Recording Industry Association Negative Effects