New Challenges faced by the Music Industry.

New Challenges faced by the Music Industry David saltwater 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 distri bution 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 raise two survival of the fittests that are available on the net profit, and play off them. Peer-to-peer networking is virtuoso of the major legal stumbling st whizzs in the current environment, and de jure it is the focus of the recording industry as a whole, and somebody artists. It now reaches beyond the music industry as it at a time did, but this industry is its major opponent. some other option is a subscr iption-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 cause study for this interrogation project, the company MP3.com seemed to be appropriate. As an slip 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 overlap music via the internet, they are akin(predicate) to two original theories. The peer-to-peer network organise is an example of a network society as draw by Manuel Castells, and the subscri! ber model, or Music Service supplier (MSP) model, is comparable with Charles Landrys creative milieu. A Global Business prospect The internet presents businesses worldwide with a commodious opportunity to commercialise to consumers across... If you want to get a plentiful essay, order it on our website: OrderEssay.net

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