Papers > Technology > File Sharing Starves Record Labels Not Artists
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File Sharing Starves Record Labels Not Artists
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File sharing and music pirating over the internet should be completely legal. ...
CD burners, mp3 players, and file sharing software are some of the latest products that enable the illegal sharing of music. ... Because major record labels are losing millions of dollars due to declining album sales. These record companies are taking action by singling out individual music sharers over the internet and filing massive lawsuits. ... Does that seem like a fair punishment for infringing upon the record label’s “precious” copyright laws? ... It would force them to file bankruptcy, liquidate every asset that they have, and be in debt for the rest of their life all because they listened to some free music.
The major record labels preach how music sharing takes money away from the musicians who write the songs; this is only true to a very dismal degree. With the way that the music industry operates, artists don’t even receive a substantial amount of money from their album sales until they go beyond multi-platinum (100,000+) sales.
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Paper Information
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Title: File Sharing Starves Record Labels Not Artists
Words: 710 Rating: None Pages: 2.8 submitted by: BradatKU
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