Piracy has polluted the online music industry. The Internet allows sharing of mp3 files. People can now easily find music on YouTube and download music from different sites. This is destroyed the business model of record companies.
The MP3 Encoder
Mp3 encoder was developed in 1994. It could lower the size of compact disc audio by 90% or more. But the product couldn’t be marketed properly and so there were minimum sales. It is then made available for free. Floppy disks were given out in trade shows. The distribution then moved to the Internet. First a limited functionality DOS-based encoder was posted on the manufacturer’s FTP sites. The MP3 encoder as allowed individuals and companies to encode virtually any type of content, from health TV shows to portable air mattress reviews on YouTube.
Napster Enters The Market
Napster was the first major file-sharing program. It operated from 1999 to 2001. It’s user-friendly interface made it very popular. Casual computer users were able to share and download music for free.
Napster had more than 25 million users. Even having this huge number of users, Napster never crashed. Many artists had filed lawsuits against Napster to remove copyrighted material.
Later, a number of recording companies also filed lawsuits under the newly passed Digital Millennium Copyright Act against Napster and so it was closed. This was the first attempt to stop digital piracy. People who were using Napster moved to other file sharing programs like BitTorrent and Limewire. The piracy increased. Sites like Pirate Bay are legal to remain open. You’d need a lot of coffee to go through this all. Might be a great idea to grab some coffee machines.
This is because these sites do not use copyright. These sites host map that shows users where to go. According to Swedish law, this is legal. People are using different torrenting sites regularly, posing a problem for the whole music industry. Strict laws must be in place to stop this piracy in the online music industry. Many people involved in the music industry may go out of business if piracy continues to increase
Strict laws must be in place to stop this piracy in the music industry. Many people involved in the online music industry may go out of business if piracy continues to increase at this rate.