The Formation of Digital Piracy Management Business Models in the Music Records Industry
Keywords:Digital piracy, digital piracy management, music industry, new business models.
AbstractOver the past two decades due to the rapid expansion of the Internet and content products (music, movies, books and software) digital distribution, the number of users copying and distributing these products without the legal consent of their authors is increasing - a phenomenon known as digital piracy. This poses new challenges to the creative content industry seeking to protect itself against the loss of income and copyright infringement. This problem is particularly relevant to the recorded music industry, as it has the large scale of digital piracy related to very convenient reproduction and distribution of illegal music records. The widespread practice of record use in the digital space is not favorable to traditional business models based on the distribution of music in physical format. An increasing variety of digital piracy forms and decreasing technical limitations at the same time create new opportunities to manage digital piracy through the use of new technical, legal or economic decisions. This creates need to discuss the relevance and theoretical aspects of digital piracy management in the recorded music industry, and to analyze and compare most widespread digital piracy management business models of in the recorded music industry.
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