Has The Music Piracy Ship Finally Been Sunk?
The impact of piracy is far reaching with an estimated 30,000 potential employment lossesBy Mi2N [07-18-2010]
With an estimated loss of £1.1 billion projected for 2012 to the UK music industry because of music piracy according to Jupiter Researc, finding a way to tackle this has become the number one priority.
The impact is far reaching with an estimated 30,000 potential employment losses due to piracy in the UK alone according to Europe Economics. This is just the view for the UK with the IFPI collating global reports which estimated a total of 40 billion music tracks were downloaded illegally meaning just 5% of music tracks were actually paid for in 2008.
It is not an industry with a bright outlook for any musician, or is it? UK based company AudioLock.NET have developed and launched an online service which they describe as "the silver torpedo for the music pirates". The service provides a way to protect your music when distributing it and to search on your behalf for any copies on sharing or download sites. Although very new, the service already has many industry figures as flag bearers in the fight on piracy. Rich Mowatt who is the legendary International DJ & Producer Solarstone behind tracks including "Seven Cities" and "The Calling" is a strong supporter. "Having been a professional producer and label manager for 15 years I've concluded that the industry has now hit a critical tipping point - labels, producers and stores must adapt or die. This system has a real chance of making a difference for thousands of music producers and labels around the world.�
By making each copy of a track identifiable any copies that leak online can be tracked back to the original pirate. This technology will work across any platform and format including the new frontline in the piracy war, mobiles. The Android operating system for mobile phones which was developed by Google does not require prior approval of apps before users can download them. This has led to several apps designed to give free illegal access to copies of music. AudioLock.NET are certainly making waves for the music pirates so hopefully the re investment into artists will not be stifled further by this pandemic of file sharing.
Source: http://www.musicdish.com/mag/?id=12701
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