Killing The Music Industry

Since the introduction of the internet in the late 1990,s computer technology has grown quickly with it. Has the introduction of the internet and more recently fibre power broadband across the globe.is it really to blame for music piracy and killing the music industry
Mat delete abstract

INTRODUCTION
Is music piracy all down to the introduction of the internet? Online piracy is made possible by file sharing; an exchange of data files from one computer to another via the internet. However, sharing information is becoming increasingly controversial due to copyright infringement through acts of piracy using websites like “Pirate Bay” and “Kickasstorrents”.
We will look into how peer to peer network work and the use of torrent files. We will

(Goldman, 2010) The RIAA (Recording Industry Association of America) have reported an eight percent loss in sales yearly from 1999 to 2009.
"There have been a lot of changes over the past ten years," said Joshua Friedlander, vice president of research at RIAA. "The industry is adapting to consumer's demands of how they listen to music, when and where, and we've had some growing pains in terms of monetizing those changes."(Goldman, 2010)
Some industry insiders claim that the decline in music sales is due to the increasing popularity of digital music. RIAA forecaster Forester claims music revenue will continue to fall until 2014 when it reaches $5.5 billion a year. Even though iTunes got people buying music again for as little as 99 cent a track, people still preferred free music. (Goldman, 2010) "The digital music business has been a war of attrition that nobody seems to be winning," said David Goldberg, the former head of Yahoo music. The compact disc is disappearing, and nothing is replacing it as a revenue

This shows that iTunes isn’t worldwide out performing physical sales however overall is doing far better than physical music stores. Like in Ireland when in 2013 HMV closed down due to fall in sales (Entertainment.ie, 2013). This was years after HMV closed in the US in 2004. Another chain that was forced to shut down in 2006 was Tower records the 8 largest in the United States. It had received awards for Retailer of the year for the three years before its fall. Nothing could keep up with the aggressive growth of tunes. (Sisario, 2009)
ITunes has changed the music industry in many ways. It is the best digital platform that competes with piracy. The connection between iTunes and it iPod and phone makes it easier to buy the product then pirate it Steve Jobs created something that made it so easy for people to buy music. He had a complete thought that went from iTunes to the iPod. It made complete sense, and it was something he felt people would be willing to pay for. In the end, he was right. It was all about having the right product said Doug Morris CEO of Sony Music. (Pham and Peoples,