MusicDish e-Journal - November 20, 2017
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

Record labels' attempts to 'squash' music piracy aren't working, says report
By Jon Newton, p2pnet.net
(more articles from this author)
2002-08-20
Comment | Email | Print | RSS

Music Industry News - as it happens
Source: Mi2N - August 15, 2002

Efforts by the record labels to use the courts to quash music piracy have failed and legitimate online music services have had little impact, says Michael Goodman, Senior Analyst for the Yankee Group's Media & Entertainment Strategies research practice.

"The future of music, however, resides on the Internet, and its dramatically lower distribution costs," he says.

In the meanwhile, the report says music lovers will continue to flock to file sharing services such KaZaa, Morpheus, and LimeWire, "because of their unlimited content and zero cost", going on, "Consumers aged 14 and older downloaded 5.16 billion audio files in the United States via unlicensed file- sharing services in 2001," it says. "This figure will grow to 7.44 billion audio files downloaded in 2005 before declining to 3.90 billion in 2007 due to the impact of legitimate music services, according to a new Report titled "Digital Audio: Legitimate Services Inch Forward."

The report says to be successful, legitimate music services must meet the following criteria:

* Availability: Music services must offer content from all five major labels as well as the majority of independent labels.

* Ownership: Consumers do not want to rent music. If they pay for it, they want to be able to mix it, burn it, copy it, and retain ownership even if they choose to discontinue subscribing to a service.

* Portability: Downloaded files must be playable on different devices in the home, at work, and when mobile.

* Exclusivity: Legitimate music services must differentiate themselves from unlicensed services with unique content and services.

* Digital Rights Management (DRM): Consumers want to share music, and they will find a way to do so, thereby defeating all realistic DRM capabilities.

Online music services will undoubtedly cause retail revenues to decline, but new revenue streams and cost reductions will ultimately enhance record label bottom lines.

Related News from Mi2N:
» Unlicensed Music Downloads To Peak In 2005, Says New Yankee Group Report


Home » News Beat » Record labels' attempts to 'squash' music piracy aren't working, says report
Permalink:http://www.musicdish.com/mag/?id=6524
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» Women Make An Impact On The 2018 MPG Awards Shortlist

» Two-Sides of Copyright Finance: Sound Royalties & Kobalt

» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes

» Europe's Digital Music Leaders Form Alliance

» Deezer Becomes Miami Dolphins' Official Music Partner

News Beat Directory



» [2017-11-13] Women Make An Impact On The 2018 MPG Awards Shortlist; Nearly A Quarter Of Those Named This Year Are Female, Proving That Music Production Is No Longer A Bastion For The Boys

» [2017-11-13] The Nashville Musicians Sound Healthcare Plan Rolls Out; Sound Healthcare & Financial Announced The Formation Of A True Group Health Insurance Policy Plan For Musicians And Industry Professionals

» [2017-11-09] Streaming & Listening Diversity - Spotify Case Study; Will Artists Have An Easier Time Finding An Audience, Or Will Streaming Focus Global Attention On A Small Number Of Stars?

» [2017-11-09] Two-Sides Of Copyright Finance: Sound Royalties & Kobalt; Sound Royalties Unearths Millions In Undistributed Royalties While Kobalt Launches Fund To Invest In Music Copyright

» [2017-11-08] Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes; ROLI Chief Creative Officer, Live Nation Sweden Managing Directors, Music Glue Global Head Of Business Development, BBR Music Group VP Of International, Warner/Chappell Music Spain Managing Director And Blue Night Director Of Music Clearance

» [2017-11-08] Europe's Digital Music Leaders Form Alliance; European Digital Music Companies Launch Of Digital Music Europe

» [2017-11-05] Pandora Subscriber Base Grows To Over 5 Million; Pandora Premium Paid Subscribers Cross The 1 Million Milestone In October 2017

» [2017-11-05] Hybrid Studios Announces Online Mastering Services; Engineers Billy Klein And Brian Frederick Spearhead New Online Mastering Effort Through OC Studio

» [2017-11-05] Music Industry Betting On VR & AR For New Revenue; The Music Industry Is Making An Early Bet On VR & AR To Create New Revenue Streams Across All Their Lines Of Business

» [2017-11-04] Sound Royalties Unearths Millions In Undistributed Royalties; Nearly $14 Million In Undistributed Royalties Has Been Found By Music-focused Finance Firm Sound Royalties

» [2017-11-02] MusicDish*China October China Label Music Releases And Charts; Several Tracks From October Releases Have Charted On Chinese Music Portal Kanjian ING Top 10 Weekly Chart

» [2017-11-01] Deezer Becomes Miami Dolphins' Official Music Partner; Deezer's Flirtation With The Sports World Appears To Have Just Begun
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits

Getting Restless

Your Favorite Color Releases "Heartache"

Melvin Alan Album "Wonderful Life"

Jean Louisa Kelly Presents A Personal Collection Of Songs From The American Standards And Musical Theater

halie and the moon Signs Distribution Deal For Asia With JVC Kenwood Victor Entertainment

Deadline Looms - The 14th Annual Acoustic Music Awards



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2017 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships