Hi. Welcome to my blog. I usually only use the internet for email or for googling some random question. I don't "twitter" or "myspace" or even download music off the internet. I tried downloading music once but found it very annoying and went back to buying C.D.s and listening to the radio.
However, I don't see anything wrong with downloading or sharing music off the internet if that's your thing. It is a great online business.
There has been a lot of resistance from the music industry in the past, with the Canadian Recording Industry Association estimating losses at $250 million in the past three years and 20 per cent drop in annual sales. They even lobbied for legislation (Bill C-60) to make copywrited music file-sharing illegal.
Bill C-60 did not make it into legislation, however, the music industry realized a new market they could enter and profit from as many other companies already had: Legal downloading. In recent history free downloading of music has dropped drastically, and more and more people are paying for their downloads from various pay-for-service file-sharing companies, such asPureTracks, iTunes and the new Napster. Universal Music, Sony Music, Warner Music, EMI Group Plc and BMG have all made deals with these companies to provide them the music and then redistribute the profits to the composers, performers, publishers and record labels.
Unfortunatly, the United States has not gotten on board with this type of business venture, but hopefully we will see our neighbours to the south follow suit some time in the near future. Legal file-sharing of music can be profitable for everyone.
http://www.cbc.ca/news/background/internet/downloading_music.html
Tuesday, September 29, 2009
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