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Music Industry Fights to Conquer Piracy’s Surprising Capital

Music Industry Fights to Conquer Piracy’s Surprising Capital | Music industry |
The dubious award for Gainesville, is detailed in a global report into music piracy — the Digital Music Index (DMI) — by global analysts at MusicMetric which charts digital music trends around the world.

Investigating file-sharing activity carried out via the peer-to-peer protocol BitTorrent, the inaugural report published by the group shows that Americans downloaded 759 million songs illegally using BitTorrent downloading software in the first half of 2012.

Tyheim's insight:

I believe the internet has done wonderous for the music industry but also destroyed artist sales with being able to download any album you want for free.

Cameron Dorrah's curator insight, June 14, 2015 9:27 PM

I had no idea that a city in florida was a piracy capital. I didn't think that the rap genre would have the most piracy because most rappers make mixtape for free

Narjaya Speed's curator insight, October 14, 2017 5:24 PM

Americans are the type of users and abusers of piracy and music. Why is it we believe everything must be Fritos? It was stated that Americans download 79 millions worth in music through bit torrent.  Although digital content is doing a lot better  it's not making enough money for the physical aspect of the Audio Arts Industry.  Profit from digital content is not fast enough alone to bring back the music industry.  CNBC is a reliable source for news related content.

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Helpology - Illuminati - The Music Industry Exposed



Tyheim's insight:

I feel this topic has alot of truth and false to it.

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Who killed the music industry?

Who killed the music industry? | Music industry |

Is piracy the real reason why music industries are making less money than fifteen years ago?

Via Ken Morrison
Tyheim's insight:

I picked this cause I been asking my self this same question for awhile now.

Charlie Dare's curator insight, August 12, 2013 7:30 PM

  Itunes and Napster were instrumental with free downloads, but there is much more to the story. ~

Charlie Dare's comment, August 12, 2013 8:08 PM
Users will find other ways to listen to the music they love, either on YouTube or by stealing it. And while the back catalogs of thousands of beloved musicians are still under the control of the old guard, newcomers will continue to go the independent route if it means they get to keep more of their royalties.
Johan Ortiz's comment, August 24, 2013 9:42 AM
Part of the cons side of the research , has piracy been the real reason why the music industry is a dying market?
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The Hidden Effects of Media Piracy

We've been led to believe that piracy hurts media production; that if we carry on pirating like we are, there will soon be no entertainment industry left to produce content. Yet a quick look at the figures shows that the truth may not be so simple.

An interesting example would be the music industry. While piracy is rightly often blamed for the sharp decrease in music sales over the past decade or so, what we hear less about is how revenues made from live music performances are increasing rapidly, at over 10% per year. In business terms, this implies that the pirated music acts as a loss leader, with the real money now being made through the increasingly lucrative world of ticket and festival sales. How many members of each audience would have never become a fan of the artist if not for pirating their content?

The legal music streaming service industry is also a field that's on the rise, with over 200 services currently available worldwide. One thing this popularity makes clear is that when presented with an affordable legal option that manages to be more convenient than piracy, consumers are more than happy to take it. This is a trend that can be seen in gaming and film also, with services such as Steam and Netflix reaching audiences of millions due to being not only affordable, but easy to use, too.

Despite the rise of piracy, more books are being published than ever before, and there are more films being released now than any other time in history. There are over a million songs produced in America every year - a staggering number that can likely be attributed to the rise of home music production software. While one downside to piracy is that it causes the major record labels to takes less risks, the upside is that artists in all fields have a wider pool than ever to draw influences from; media from all around the world is available at the click of a button. It's become cheaper and easier for anybody to produce a film, book or song from their own bedroom- the need for major cooporations to facilitate the creation of these is decreasing, and a cursory glance on shows a shift as more homegrown acts break through into the mainstream via sites such as YouTube. Growth is particularly evident in countries such as Russia, who's film production increased by 57% between 2005 and 2009 according to the 'Sky is Rising' study by CCIA and Floor 64.

The long term effects of piracy have yet to be seen, but one thing is for sure; its effects on the entertainment industry are murkier and harder to pin down than they first seem.

For Media Contact:
Name: James Peterson

Via Cot Genny
Tyheim's insight:

A very serious topic epecially for a fellow music artist.

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Is Apple Screwing the Music Industry?

Is Apple Screwing the Music Industry? | Music industry |
It appears Apple and Google could be taking the music industry for a ride, underpaying for valuable listening data.
Tyheim's insight:

I dont think apple is trying to screw the industry but i do believe they are affecting it.

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