The paper explores the extent of music piracy today and estimates that musicians, artists and the music industry are losing 200,000 dollars daily. The paper actually shows that many who pirate music are then encouraged to purchase CDs, but the paper reveals that the music industry is still losing money from piracy. The paper then considers music piracy in the future and predicts that the illegal downloading of music from the Internet will only increase.
From the Paper:
"Music piracy is becoming a more and more popular way for music listeners to obtain music. You might ask, what is music piracy? Wikipedia defines music piracy as, "Copyright infringement, or copyright violation, and the unauthorized use of material that is covered by copyright law, in a manner that violates one of the copyright owner's exclusive rights, such as the right to reproduce or perform the copyrighted work, or to make derivative works". With the rapid growth of the internet in the last decade, music piracy has become an increasingly easier task for anyone to do. Free software programs for downloading or sharing music, such as LimeWire, are a major contributor to the growth of music piracy. Why would someone use pirating programs to obtain music? What will become of music piracy in the future?"
Sample of Sources Used:
"Copyright infringement." Wikipedia, The Free Encyclopedia. 30 Jan 2009, 20:27 UTC. 2 Feb 2009 <http://en.wikipedia.org/w/index.php?title=Copyright_infringement&oldid=267469050>.
Geist, Michael. "Gov't Commissioned Study Finds P2P Downloaders Buy More Music" Canadian DMCA C-61 (2007). 1 Feb. 2009 <http://www.michaelgeist.ca/content/view/2347/125/>