...The music industry has been revolutionized by the innovations brought about by technology. It is time where artistes and musicians specifically are facing challenges with regards to ownership of their music which has been invaded by people from all over the world. A while ago before the technological breakthrough musicians used to get ownership of their music fully by targeting the main avenues that channeled their music to the masses. This proved to be very easy and simpler for the musicians but in the wake of the technological revolution the situation has drastically changed. The issue of ownership has become a debate topic and very little progress is made with regards to solving the particular issue. The technological invention has cut off...
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...Spotify Tyler Hampton CIS/207 9/22/2014 Alan Basa Spotify The core goal of Spotify is to provide a library of all the world’s music accessible from a desktop or mobile app. Users have instant access to the music library via search, radio, bookmarked playlist, and other users playlist. Spotify is also a social platform that allows users to interact and share music. Spotify is challenging the culture of the music industry by embracing access over ownership of music. Steaming music is being widely accepted by music listeners but the future of Spotify hinges on becoming a profitable business model, convincing consumers that music is worth paying for. Streaming music is changing the ways people listen to music. Instant access to virtually any artist or song allows users to spend less time acquiring music and more time focused on what to listen to. Spotify allows user to add a song to playlists with the click of a button. Spotify takes advantage of big data to provide recommendations tailored to the users taste and helps users discover new music. The discovery process is supported by the various ways a user can choose what music to listen to. The search function allows users to access an artist complete discography or a specific song. Radio plays music that is similar to a selected song, artist, or genre. Browse allows users to access Spotify generated playlist based on genre, new releases, billboard charts among other categories. Users can star tracks, instantly adding...
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...the Music Industry As Albert Moran puts it, “film is an economic commodity as well as a cultural good” (Albert Moran, 1996) and therefore, the struggle to dominate the market for films and music has continued for such a long time. These cultural products because of the industrial processes they follow of production, distribution and consumption fall into the category of an industry and are immensely affected by the forces of the market. Distribution is the key factor in determining who would rule the industry as it forms the link between the production of the media goods and their exposure to the target audience. Over the years the cultural industry has evolved imbibing newer technologies and making space for newer companies to make their mark. This process of evolution has been intercepted with changes in its economic and sociological structure owing to the external economic, social and political factors and also technological advancements. Ownership of the media forces to a great extent amounts to a huge control over the global economy and also means greater political and cultural power. Hesmondhalgh, in his book, The Cultural Industries, points out that there has been an "interweaving of change and continuity" in the cultural industry since the 1970s (Hesmondhalgh, 2007). However, this hasn’t ever been a smooth process for the older and established companies who had to face challenges from the new market players. The music industry had to grow from the sheet music days...
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...contract law and intellectual property law, the industry covers mostly fields that offer entertainment as a primary product. Fields such as film, music, fine arts, dance, literary publishing, Broadcasting, sports etc. They all share a common interest of profiting from creative works or services provided by artists. Much of work of entertainment law practice is transaction based. Litigations often occur as a result of common and recurring mistakes that are made during negotiations and drafting. In the entertainment industry hundreds of legal relationships are created every day and having a sound knowledge of common issues in the industry is critical in negotiating a deal and drafting a good contract. CONTRACTS IN THE ENTERTAINMENT INDUSTRY Personal Service Agreement (PSA) Promoting a product or a service involves investing a lot of time and money, with the expectation of return on investment. The possibility that the product or service will not achieve the expected success or any success at all introduces a risk factor. A great majority of artists do not have the resources necessary to promote their products or services; they instead use intermediaries that invest time and money and bear the risk of loss. These intermediaries are known as “Entertainment Producers”. These Entertainment Producers invest time and money in selling the Artist’s talents or products to the consumer. Film Distribution Companies, Film Studios and Music Recording Companies...
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...UK Festival Market Report The UK Music Festival industry is regarded as the most successful in the world. The analysis below provides insight on the recent growth and current worth of the industry. Festival Capacity The number of festivals that take place in the UK has increased significantly in recent years. Figure 1 below shows the total annual licensed capacity of all UK music festivals from 2004 to 2009. Overall, licensed capacity has grown by c.60% since 2004 – representing a massive increase in the number of festival tickets available. However, in 2009 licensed capacity fell for the first time in the last five years (on a like for like basis) Growth of this magnitude is unsustainable, and it now appears the market has reached saturation point. A number of the ‘newer’ festivals have ceased to operate and the market appears to have matured. Clearly this end to growth has not been helped by macroeconomic conditions, but despite current issues, I believe there will be further contraction of licensed capacity in the coming years. However, this does not suggest the UK Festival Industry is performing badly. Indeed, whilst total licensed capacity has fallen marginally, evidence suggests that actual attendance at UK festivals and average spend by attendees have both remained strong in 2009. Ticket Prices During the same period of time that licensed capacity has increased by c.60%, the price of festival tickets have also risen significantly. Figure 2 below shows how weekend...
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...Shah Sony Music (India) February 2012. Vivek Paul, Director of Digital Media Initiatives at Sony sat with Shridhar Subramaniam, President, India and Middle East, Sony Music Entertainment, in his Santa Cruz, Mumbai office and mulled over the remarkable changes that the music industry in India had witnessed over the past few years. With the rapid growth in Internet penetration and usage, technology was driving music production, access and consumption. Sales from digital platforms had surpassed sales from traditional physical formats, such as CDs and tapes. With the distribution of digital music in India largely skewed towards the telecom business, music was increasingly being accessed via mobile devices, including smartphones and tablets. Artists were reaching out to consumers directly through many innovative platforms, and live performances were gaining more traction. Independent (“indie”) artist business models were rising in popularity and creating further fragmentation in the market. Overall, the role of the recording company seemed to be diminishing. While some of the leading companies in the music industry were testing the waters in the digital space, new players, including technology companies, were quickly entering the market with various new platforms and services. Distribution, in the form of music streaming services and e-commerce sites, was changing the way music was being bought and consumed. As Head of Digital Media, Paul reflected on the role of Sony Music India, a...
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...Intellectual Property -Music and Art and Fair Use BUS311: Business Law I (BAI1414A) 4/20/2014 Philosophers have barely taken an interest in the ethics dealing with intellectual property, this despite societies continued debate over “fair use” of copyrighted materials. We justify copy and paste forgoing old set standards of how we give credit for intellectual achievement in lieu of convenience. One has to wonder as technology continues to advance and copyrighting laws become diluted that music and art available via the internet will be of any commercial value. Intellectual Property-Music and Art and Fair Use I. Intellectual Property a. What is IP? b. How has technology affected IP? c. What laws protect IP? II. Music & Art work a. How has broadband changed the music industry? b. How is it so easy to copy and paste someone else’s work? 1. Does citing a source give one the permission to use? 2. What laws govern copyright? III. Fair Use a. What is fair use? b. How does fair use fit with copyright law? c. How does the court know if a use is fair? . IV. Moving forward a. Advancing Technology vs. Copyright laws b. Artistry vs. Commercial reward What is Intellectual Property? Intellectual Property By definition intellectual property IP, is all products derived of human intellect that the law protects from unauthorized usage. Ownership creates a limited monopoly innately...
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...acknowledgement from customers. The brand is associated with the words fun, innovative and daring. This can result in transfers all the marketing and promotional activities up to the present for the specific venture respectively. For example: Virgin Digital UK offers digital music to a wide variety of customers in the mediums that are compatible with wide range of software and digital hardware. The company has deep roots in music industry begins with its record company Virgin Records. The company has benefited by the ownership and right to many music tracks and make available to the public. Virgin mobile can takes the advantage of download music to mobile phones as an incentive for customers to subscribe to Virgin mobile service providers. It allows the Group to offer packages and exclusive deals that have potential to draw even more customers Virgin has the ability to take long term perspective as another parenting added-value. corporate rationale was to sacrifice their short-term profits in order to gain a longer-term growth and therefore they used an independent business level decision making method. This corporate rationale allows the managers to make decisions independently for growth and feel the same degree ownership and values that any other manager would feel in the Virgin Group. Sir Richard has also argued that he pursues growth, not profits, and builds companies for the long term. By entering the market that is still in its growth stage and has few competitors Virgin managed...
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...Atlantic Record label is a widely recognized Music label for its many artist and also a timely figure in the music industry. Its best known for its recording of rhythms and blues, also rock and roll. After its fist 20 years in existing as a record label it was also recognized as one of the most important labels for independent African-American artist.In 1967 the Atlantic Music label expanded into rock and pop music by becoming a subsidiary owner of Warner bros-Seven Arts now known as the Warner Bros Music Group. This Record Label company was a partnership between Ahmet Ertegun And Herb Abramson. I agree with this type of ownership choice because when you go into the music industry its also good to have some that you trust to check over your decisions and make sure that you might not be making a mistake. Ahmet Ertegun was born in 1923 in Turkey and came into the U.S. at the age of 11. He went to college in St. Johs University to study philosophy, afterwards he the work in Georgetown in Washington D.C. Herb Amramson is the Co-founder to Atlantic Records and was born in 1917. He went to High school in Brooklyn. In 1944 Herb became a part time record producer for National Records. At this same time Herb was attending New York University to become a Dentist. Herb actually started his own record label before he started Atlantic, called Jublie Records. He had a partner Named Jerry Blaine, but shortly after he become uninterested in what the Record label was becoming and asked Jerry...
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...on the Music Industry: Downloadable Music VS. Records Table of Contents * Introduction 3 * Music Label Industry Analysis 5 * EMI Group Unlimited Business Description 7 * Record Label Business Model 8 * Record Label History 10 * Record Label SWOT Analysis 11 * Downloadable Music Business Description 14 * Downloadable Music Business Model 14 * Downloadable Music History 15 * Competing Online Services 15 * Financial Analysis 16 * The Future of The Music Industry 19 * Conclusion 21 * References 21 The Impact of the Internet on the Music Industry: The Record Label VS. Downloadable Music It was only a short time ago that record stores like Specs and FYE were littered across the country, stocked from wall to wall with all the latest albums from your favorite bands and all sorts of music paraphernalia. People like me would have stacks of compact discs or binders full of the music they owned ready to go wherever they went. Before them there were cassette tapes, and before that vinyl records. If you were lucky enough to be a signed musician, you were a star destined for fame and fortune with thousands if not millions of loyal supporters buying your album and following you on tour. Most importantly for the purpose of this paper, the record labels were some of the wealthiest companies in the entertainment industry. The...
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...Atlantic Record label is a widely recognized Music label for its many artist and also a timely figure in the music industry. Its best known for its recording of rhythms and blues, also rock and roll. After its fist 20 years in existing as a record label it was also recognized as one of the most important labels for independent African-American artist.In 1967 the Atlantic Music label expanded into rock and pop music by becoming a subsidiary owner of Warner bros-Seven Arts now known as the Warner Bros Music Group. This Record Label company was a partnership between Ahmet Ertegun And Herb Abramson. I agree with this type of ownership choice because when you go into the music industry its also good to have some that you trust to check over your decisions and make sure that you might not be making a mistake. Ahmet Ertegun was born in 1923 in Turkey and came into the U.S. at the age of 11. He went to college in St. Johs University to study philosophy, afterwards he the work in Georgetown in Washington D.C. Herb Amramson is the Co-founder to Atlantic Records and was born in 1917. He went to High school in Brooklyn. In 1944 Herb became a part time record producer for National Records. At this same time Herb was attending New York University to become a Dentist. Herb actually started his own record label before he started Atlantic, called Jublie Records. He had a partner Named Jerry Blaine, but shortly after he become uninterested in what the Record label was becoming and asked...
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...and provides for the protection of trademark rights as an intellectual property right in the internet world. LEGAL ISSUE In 1 to 3 sentences, identify the legal business issues raised in the article. This is evident from the previous successful court challenges filed by Apple, the Beatles' record company against Apple, the computer company over the use of the Apple domain. Indeed, previous court challenges on trademark rights witnessed the computer company incur substantial economic liabilities in addition to the entering into an agreement with the record company on the scope of their individual use of the Apple trademark (Macklem, 2006). In other words, the law protects not only the exclusive right to trademark ownership. It also recognizes the sharing of trademarks amongst entities provided such is based on mutual agreement between the involved parties and violation of such agreements is subject to legal liabilities (Macklem, 2006). MANAGERIAL PERSPECTIVE...
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...exclusive ownership the rights to use produce and distribute creative work to the creator or author. There are four types intellectual property which are copyrights, patents, trademark and trade secrets. Copyrights deal with forms of creativity in communication like novels, music, songs and movies. Patents protect new invention and cannot be exploited without the authorization of the patent owner. Trademarks are designed to individualize goods to distinguish the source like a symbol, logo and a slogan. Before you can combat the theft of intellectual property theft we need to know what’s behind the motivation of the behavior of theft. Some believe that low self control is a result behind theft. With information technology being so advance it poses a serious threat to authors of copyright material. With every idea or invention being copied on to digital making it easier to copy distribute copyrighted material like computer software, pictures and music which is called piracy. A good example is when me and the family venture out to the swap meet and there you see a vendor selling bootleg movies for 5 to 10 dollars. The only deterrence to piracy is punishing the ones they have apprehended severely as an example to the public that they will not engage in illegal copying of digital information. I know years back when Napster was real big and everybody was sharing their files of music, that most of the public was not aware that it was illegal to download. Once the music industry found they...
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...creations that the law protects in order to prevent unauthorized use by others. In fact, the ownership of intellectual property certainly creates a limited monopoly in the protected property. Intellectual property rights traditionally consist of four categories, including copyright, patents, trademark, and industrial design. In our daily life, copyright law protects different kinds of original creative works, such as literary works, musical works, film works, and broadcasts. It allows us to share the original ideas, feelings and perspectives to others in the common environment. Since the intellectual property rights are regarded as a means for us, we use our knowledge in creating new things or further improving the original products and works. In this way, our intangible or tangible properties are deserved to protect. For example, an expert develop an smartphone application for the benefit of public, if it becomes popular for a long period, the expert may obtain a property protection by applying a copyright, and makes a guarantee in the smartphones’ application market. There are three important copyright protection requirements, including originality, fixation and qualification. If the requirements are fulfilled, the copyright will become effective. Generally, originality means that an...
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...MerokaCollege | | Introduction Internet as seen in the present advancement in technology has brought myriad of achievements. It has further created a new world for online opportunities and challenges as well. In digital transmission of materials, protected work can be shared through the internet in one form or the other. These forms may include, but not limited to, music, still pictures, video clips and sound. With all these sharing, internet has become a common place to upload and download audio-visual materials like recorded films. Copyright is a common method used to protect ones production rights on a particular piece of material over the internet. In fact, the graph below shows that copyright infringement is the most common type of infringement; Figure 1: source; Canadian SME However, in peer-to-peer file sharing, most people infringe these rights and pass other people’s work as their own. In fact, IFPI states in their report that “the ease of access to music by means of illegal file sharing has damaged its perceived value to customers”. This has been a great challenge to music and film industry globally (Leyshon, A., 2003). For instance in the recent emergence of file swapping services that are based on the internet. These services include Napster that has allowed huge exploitation of recorded work without any little authorization of the users. Actually, this has been attributed to the slow rate of sales in CDs and DVDs due to enabled file sharing (P2P). (Mortimer...
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