These files are compressed wave (.wav) files. The advantage of MP3 files is that they are approximately one-tenth the size of the corresponding .wav file and can be close-to-CD-quality. It is for this reason that many artists‚ record labels and other music industry stakeholders are concerned by the MP3 file format and applications like Napster that simplify the sharing of copyrighted material. <br> <br>Other file formats in common use on the Internet are not as threatening to the recording industry;
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JUAREZ VIEIRA 30 July 2012 Melanie Becker In today’s society the whole world almost has access to the internet; with over two billion people accessing the internet daily and seeing a 528.1% increase in the total internet user population since 2000 computer have not only been a way that people now conduct their business but is now the main line of communication. With over two billion people on the internet‚ and the number growing parents and the government became increasingly worried with what
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corporation you researched. The company researched was Universal Music Group because the music industry is ever growing and I wanted to know more about the company. As we all know‚ technology has been a major part of the music industry both good and bad. Technology has helped plenty of artists and hurt others. Since the introduction of the mp3 and the popularity of the IPOD device‚ compact disc sales have declined and more music is being released without the record company’s permission. Some may
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strategies‚ a world of information awaits their curious minds. There is much to be found: movies‚ computer games‚ books‚ reference guides‚ almost anything you want are there to download. Everyone’s favorite is downloading music‚ it is easily accessible on the Internet and everybody loves music. At first‚ the "hot" thing was to use Napster‚ a peer to peer sharing program‚ meaning one person is downloading something from another person’s computer. This became a problem for RIAA (The Recording Industry Association
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Synopsis In 2004 a joint venture was created by Sony Music Entertainment and Bertelsmann Music group to create Sony BMG. With 46 offices all over the world‚ Sony BMG finds there headquarters in New York. The company aims to provide a wide variety of music through limitless distribution channels. Sony BMG caters to almost 1‚000 artists in six different genres. Despite the problems Sony BMG has dealt with in the past four years‚ they have stayed strong in their position as the second largest recording
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SCHOOL OF BUSINESS ADMINISTRATION STRATEGIC MANAGEMENT VIVENDI-BLIZZARD CASE STUDY: A SITUATION ANALYSIS PAPER OUTLINE Instructor: Professor Clarisse Molad‚ PhD Student: Ilija Kuzmanovski Skopje‚ December 2012 CONTENTS 1. 2. 3. 4. ABSTRACT ............................................................................................................................ 2 INTRODUCTION .......................................................................................................
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Music has always been the world’s universal form of communication. The Recording Industry Association of America implies that "it touches every person of every culture on the globe to the tune of $40 billion annually‚ and the U.S. recording industry accounts for fully one-third of that market" (RIAA). As technology rapidly increases‚ file sharing amongst consumers becomes faster and easier to do. The new phenomenon of the MPEG Layer 3 encoding (MP3) and the peer-to-peer (P2P) networks present a challenge
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AMAZON IN THE YEAR 2000 – report summary Ravi Suria painted the picture of company growing money. The only triple-digit growth that mattered‚ he argued‚ was in Amazon’s cash-flow losses. The report shook many remaining stalwarts‚ and the stock dropped 19% in one day. Suria addressed Wall Street’s darkest fears‚ that the business model on which Amazon--and for that matter‚ most e-tailers--is based may be flawed. Arguing that excessive debt and poor inventory management will make Amazon’s operating
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musicians‚ founded compass Records in 1995. Compass Records is a small independent recording company that centered on folk and roots music. Compass Records occupies only a tiny part of the 32-billion dollar music recording industry‚ competing with some multi-national corporations dominating 86% of the business‚ such as Sony/BMG‚ Universal Music Group‚ Warner Music Group‚ and EMI. However‚ the industry has witnessed a stagnant growth since 1995‚ with a decline on annual sales at a compound annual growth
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Fortunately with the level of fame the group amassed and the respect they earned‚ the group has been able to take a hiatus and return to the scene at a relatively leisurely pace (compared to times past). But tonight is one of those rare opportunities when the group returns to the stage‚ just in time to help set the holiday mood with a much
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