"THERE'S NO SUCH THING AS FREE MUSIC"
The Internet has made a significant impact on the American economy. These impacts have been both beneficial and negative for many industries. The Internet's impact on the music recording industry has received wide-spread attention and much debate over the past eight years. The emergence of file sharing has sent shock waves throughout the industry. In 2003, one study found that 35 million Americans download pirated music on a regular basis.1
Many consumers are not aware that file sharing has made positive and negative impacts on the music industry. Industry experts are split between those who say file sharing is hurting the industry and those who say file sharing is harmless. Despite which side experts take, none deny that consumers are the true beneficiaries from file sharing. File sharing has given consumers free music and lead the industry to focus on the Internet market.
Birth of File Sharing
File sharing burst into......
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Approximate Word Count: 3718
Approximate Pages: 15 (260 words per double-spaced page) |