Echo Boomers, also known as Generation Y or Millennials, are the generation born between the early 1980s and mid-1990s. They are the children of Baby Boomers and the oldest are now entering adulthood. They have grown up in a digital world and have never experienced life without technologies like mobile phones and the internet.
ALLVOICES: Music Industry and Piracy Law – Black Hawk Mineslancethinly
The music industry has given a judicious endorsement to European Union moves intended at limiting Internet piracy.
The copyright directive was "a workable proposal", said the industry's umbrella group, the International Federation of Phonographic Industries.
IFPI, representing around 1400 major and independent record companies worldwide, said the newly-adopted UK legislation, requiring measures from ISPs to curb piracy on their networks, sets a powerful example to other countries.
IFPI chairman John Kennedy said: "The passing of the Digital Economy Act in the UK recognizes that if a country is to have world-class creative industries, then it also needs laws that will effectively protect their rights from the crippling problem of digital piracy.
"The new UK legislation is a decisive step towards dealing with P2P and other forms of illegal distribution in a way that can substantially reduce the problem. Most importantly, it recognizes that effectively addressing piracy needs active cooperation from internet service providers, in helping curb infringements on their networks.
User Generated Community Radio Ric Presentation Whitehorse Yukonradiorobyukon
The document discusses user generated radio as an alternative model for community radio where the community and audience do the programming rather than paid staff. It proposes using open source content delivery networks to enable small remote communities to communicate locally and receive emergency broadcasts in a more affordable way. An example is provided of an existing community radio station in Whitehorse, Yukon that utilizes this model with over 30 volunteer programmers from across Canada and other countries. Potential new revenue streams are also described that could benefit both the station and local communities.
Sonify is an audio streaming platform launched in India in 2006 that provides DRM-protected music and podcasts. It has a large library of 30 million tracks and 9 billion playlists that users can access through various devices. While basic features are free with ads, additional high-quality services require paid subscriptions. Sonify aims to satisfy customers in India and partner with other music streaming services to grow its user base as digital music consumption increases in India due to factors like rising smartphone ownership.
Podcasting was becoming increasingly popular in 2005, allowing listeners to subscribe to and automatically download audio files from websites. One record label, Universal Music Group, saw opportunities to capitalize on digital distribution channels and established a division called eLabs to explore ways to distribute more content online, such as ring tones and music videos. While the major record labels still controlled most of the global music market, digital technologies were lowering barriers for independent artists and labels to create and distribute music.
This document summarizes a presentation given by Indra Utoyo from PT Telekomunikasi Indonesia about the future of radio. It discusses how radio needs to change and adapt to new technologies like streaming, podcasting, and social media to remain relevant. It outlines key features for radio 2.0, including live streaming, contextual podcasting, social marketing, and multi-device access. It also discusses how radio businesses can innovate their models and services to grow revenue by 600% over 5 years through technology innovations and new business processes and models. PT Telekomunikasi Indonesia aims to support the transformation of the radio industry in Indonesia.
The ASA is the independent regulator of advertising across all UK media. It makes sure advertising content is appropriate and broadly reflects legislation. Though not a statutory body, the ASA's rulings have universal coverage. It punishes non-compliance through bad publicity and potential referral to other regulators. The ASA regulates ads in print, broadcast, online and mobile media.
The PRS licenses the use of members' music when performed, broadcast, streamed or downloaded. It helps creators legally use music in different environments and releases, paying royalties to artists. The PRS licenses various music libraries and catalogues for films, games and other media productions.
The W3C is an international community that develops open
The ASA is the independent regulator of advertising across all UK media. It makes sure advertising content is appropriate and broadly reflects legislation. Though not a statutory body, the ASA's rulings have universal coverage. It can refer serious offenders to other regulators like OFCOM. It oversees advertising in press, radio, TV, internet, smartphones, billboards and more.
The PRS licenses the use of members' music when performed, broadcast, streamed or used in other media. It collects royalties and issues licenses to legally play members' music in different environments and productions.
The W3C is an international community that develops open web standards. It influences media technologies on the web through standards that impact
Echo Boomers, also known as Generation Y or Millennials, are the generation born between the early 1980s and mid-1990s. They are the children of Baby Boomers and the oldest are now entering adulthood. They have grown up in a digital world and have never experienced life without technologies like mobile phones and the internet.
ALLVOICES: Music Industry and Piracy Law – Black Hawk Mineslancethinly
The music industry has given a judicious endorsement to European Union moves intended at limiting Internet piracy.
The copyright directive was "a workable proposal", said the industry's umbrella group, the International Federation of Phonographic Industries.
IFPI, representing around 1400 major and independent record companies worldwide, said the newly-adopted UK legislation, requiring measures from ISPs to curb piracy on their networks, sets a powerful example to other countries.
IFPI chairman John Kennedy said: "The passing of the Digital Economy Act in the UK recognizes that if a country is to have world-class creative industries, then it also needs laws that will effectively protect their rights from the crippling problem of digital piracy.
"The new UK legislation is a decisive step towards dealing with P2P and other forms of illegal distribution in a way that can substantially reduce the problem. Most importantly, it recognizes that effectively addressing piracy needs active cooperation from internet service providers, in helping curb infringements on their networks.
User Generated Community Radio Ric Presentation Whitehorse Yukonradiorobyukon
The document discusses user generated radio as an alternative model for community radio where the community and audience do the programming rather than paid staff. It proposes using open source content delivery networks to enable small remote communities to communicate locally and receive emergency broadcasts in a more affordable way. An example is provided of an existing community radio station in Whitehorse, Yukon that utilizes this model with over 30 volunteer programmers from across Canada and other countries. Potential new revenue streams are also described that could benefit both the station and local communities.
Sonify is an audio streaming platform launched in India in 2006 that provides DRM-protected music and podcasts. It has a large library of 30 million tracks and 9 billion playlists that users can access through various devices. While basic features are free with ads, additional high-quality services require paid subscriptions. Sonify aims to satisfy customers in India and partner with other music streaming services to grow its user base as digital music consumption increases in India due to factors like rising smartphone ownership.
Podcasting was becoming increasingly popular in 2005, allowing listeners to subscribe to and automatically download audio files from websites. One record label, Universal Music Group, saw opportunities to capitalize on digital distribution channels and established a division called eLabs to explore ways to distribute more content online, such as ring tones and music videos. While the major record labels still controlled most of the global music market, digital technologies were lowering barriers for independent artists and labels to create and distribute music.
This document summarizes a presentation given by Indra Utoyo from PT Telekomunikasi Indonesia about the future of radio. It discusses how radio needs to change and adapt to new technologies like streaming, podcasting, and social media to remain relevant. It outlines key features for radio 2.0, including live streaming, contextual podcasting, social marketing, and multi-device access. It also discusses how radio businesses can innovate their models and services to grow revenue by 600% over 5 years through technology innovations and new business processes and models. PT Telekomunikasi Indonesia aims to support the transformation of the radio industry in Indonesia.
The ASA is the independent regulator of advertising across all UK media. It makes sure advertising content is appropriate and broadly reflects legislation. Though not a statutory body, the ASA's rulings have universal coverage. It punishes non-compliance through bad publicity and potential referral to other regulators. The ASA regulates ads in print, broadcast, online and mobile media.
The PRS licenses the use of members' music when performed, broadcast, streamed or downloaded. It helps creators legally use music in different environments and releases, paying royalties to artists. The PRS licenses various music libraries and catalogues for films, games and other media productions.
The W3C is an international community that develops open
The ASA is the independent regulator of advertising across all UK media. It makes sure advertising content is appropriate and broadly reflects legislation. Though not a statutory body, the ASA's rulings have universal coverage. It can refer serious offenders to other regulators like OFCOM. It oversees advertising in press, radio, TV, internet, smartphones, billboards and more.
The PRS licenses the use of members' music when performed, broadcast, streamed or used in other media. It collects royalties and issues licenses to legally play members' music in different environments and productions.
The W3C is an international community that develops open web standards. It influences media technologies on the web through standards that impact
Nokia is changing the way people experience music by offering music stores in 21 countries and working with over 20 operators and 2000 content partners to provide music services. Nokia's music services offer consumers unlimited music downloads safely and legally with permanent ownership of songs, using stylish and integrated music devices.
The document discusses three regulatory bodies:
1) The ASA regulates advertising across all UK media and ensures advertising content is appropriate. It has the power to refer repeat offenders to other bodies.
2) PRS collects royalties for artists when their work is used and licenses the use of members' music, protecting future music.
3) W3C develops open web standards to ensure long term growth. It influences media technologies on the web through standards that impact broadcasters, software vendors and more.
The document discusses three regulatory bodies:
1) The ASA regulates advertising across all UK media and ensures advertising content is appropriate. It has the power to refer advertisers to other bodies like OFCOM for further action if codes are broken repeatedly.
2) PRS collects royalties for artists when their work is used in media and pays members. It licenses the use of music in different environments and productions.
3) W3C is an international community that develops open web standards to ensure long term growth. It influences media technologies on the web and shapes the media industry.
Internet radio, satellite radio, and amateur radio are different forms of radio available in India. Internet radio can be streamed online or through applications, and some popular Indian internet radio stations include Radio Maskaa and MyOpusRadio. Satellite radio uses signals broadcast by communications satellites to allow listening anywhere, but it has higher costs than internet radio. WorldSpace was India's first satellite radio but shut down in 2009, and Timbre Media is now relaunching satellite radio services. Amateur radio is practiced by over 16,000 licensed users in India and allows communication around the world without internet or cell phones. It played an important role in India's independence movement.
Mtvf panel on piracy and copyright mr finalbatnasanb
The document discusses intellectual property rights and piracy related to television copyright. It outlines that the US Federal Copyright Act governs public display of copyrighted movies and TV shows without permission from copyright owners. Copyright laws protect creators' exclusive rights to their work and help support jobs in the film and television industries globally. However, piracy is a major problem in Mongolia, where 90% of broadcasting is illegal and the top 10 most pirated US shows in 2013 are widely viewed. The current situation in Mongolia damages its television industry unless piracy is controlled.
Major record labels in the UK include EMI, Sony Music Entertainment, Warner Music, and Universal Music Group. Sony Music Entertainment was formed through a merger between Sony and BMG music divisions, and later Sony acquired BMG's shares. Universal Music Group is the largest record label conglomerate and is a wholly owned subsidiary of Vivendi. Warner Music struggled with debt over the years and failed in attempts to acquire other labels.
'News: UK Internet Radio Companies Launch "ASMEC" Trade Organisation To Tackl...Grant Goddard
The Association of Streaming Media Companies (ASMeC) has been created to represent digital audiovisual companies not licensed by Ofcom. Initial members include internet stations like Totally Radio, Last FM, Samurai FM and Radio Magnetic. ASMeC intends to lobby on the issue of music copyright licenses offered by Phonographic Performance Limited, which internet radio stations argue are too expensive compared to traditional radio. Other issues ASMeC wants to address are bandwidth costs, marketing and sales opportunities.
Sony Corporation was founded in 1946 in Tokyo, Japan by Masaru Ibuka and Akio Morita. It is headquartered in Minato, Tokyo and produces consumer and professional electronic equipment, communication and information equipment, semiconductors, electronic devices and components, batteries, and chemicals. Some of its major products include PlayStation, Blu-ray, televisions, cameras, and it was the first to launch magnetic tape recorders, transistors, transistor radios, portable televisions, cassette tape recorders, CD players, and camcorders.
The document discusses various aspects of piracy on the internet, including music piracy. It defines piracy as the unauthorized reproduction and distribution of electronic media. Music piracy specifically refers to the illegal duplication and distribution of sound recordings. Common ways music is pirated include downloading from the internet or peer-to-peer networks, passing copies between people, and illegal recordings. The document also discusses the consequences of music piracy, punishments, and ways copyrights are protected, such as through digital rights management and intellectual property laws.
This document discusses legal and ethical issues in the UK radio industry. It provides examples of incidents where radio presenters have crossed ethical lines, such as a prank call to a hospital that led to a nurse's suicide. It outlines the codes and policies broadcasters must follow to avoid harming audiences. These policies cover offensive language, privacy, and more. The document also discusses an instance where a BBC radio presenter was suspended for comments deemed unethical regarding breastfeeding in public. Emerging social concerns discussed include health care, wars, and child labor.
Radio will continue to be a big regional player in India. While Red FM and Radio Mirchi dominate the radio industry in India, Radio Mirchi has seen more success with over 43.8 million listeners across key cities. The document discusses the history and growth of radio in India and abroad, the major players in the Indian radio industry like Red FM and Radio Mirchi, and their achievements and strategies for success. It also raises questions about the future of the radio industry in India in terms of revenue growth, bidding for new cities, and which audience segments may see more traction.
This document is a class report on Verizon Communications prepared by Nishit Upadhyay for his professor Mr. Snehal Bhatt. It provides details about Verizon such as its ranking on the Fortune 500 list, leadership, products and services, financial performance, and competitors. Verizon is a major telecommunications company and the largest provider of wireless services in the United States, with over 100 million subscribers. The report includes a SWOT analysis and discusses Verizon's commitment to corporate social responsibility.
This document discusses three different music publishing platforms:
Kobalt Music Publishing - Founded in 2000, it is the largest independent music publisher representing artists like Kelly Clarkson and Ryan Tedder. It collects royalties directly from sources like iTunes and Spotify, resulting in 20-30% higher revenues for artists.
Sentric Music - Founded in 2006, it specializes in emerging songwriters/artists like Bastille and Catfish and the Bottlemen. Based in Liverpool, it manages over 12,000 artists worldwide, including through a sub-publishing deal with Downtown Music in the US and Canada.
Spotify - Launched in 2008, it is a popular music streaming service with over 75 million
Ofcom is the regulatory body for TV, radio, telecommunications, and postal industries in the UK. It has a statutory duty to promote competition and protect consumers. Ofcom investigates thousands of complaints about TV and radio standards each year. A high-profile investigation involved a 2008 radio show with Russell Brand and Jonathan Ross that left offensive messages on an actor's voicemail. Ofcom found the BBC in breach of its rules and fined them £150,000.
The document discusses the online music industry, including key players like iTunes, statistics on digital music revenues, and challenges like piracy. It analyzes the industry using Porter's Five Forces model and recommends that the sector is not worth investing in currently due to high competition, bargaining power of customers, threat of substitutes and new entrants, and need for stronger piracy legislation. ISPs and governments play a role in curbing piracy through graduated response laws and subscriber education.
The document discusses the evolution of the music industry from phonographs to MP3s and the transition to digital music distribution. It provides details on the key developments like the introduction of magnetic tape, cassettes, CDs, MP3 format and how these led to music being distributed digitally online. It then summarizes the current digital music business model and some of the major online music services like iTunes, Napster, Rhapsody and their pricing and catalog sizes.
The document discusses the evolution of the music industry from phonographs to MP3s and the transition to digital music distribution. It provides details on the key developments like the introduction of magnetic tape, cassettes, CDs, MP3 format and how these led to music being distributed digitally online. It then summarizes the current digital music business model and some of the major online music services like iTunes, Napster, Rhapsody and their pricing and catalog sizes.
Find a publicly-traded company (Microsoft) using a financial infor.docxvoversbyobersby
Find a publicly-traded company (Microsoft) using a financial information website. For The Following Company :
Microsoft
Watch the Industry Averages and Financial Ratios video and use the industry classification from the financial services website to locate the company's SIC code on the U.S. Department of Labor's website.
Find the industry ratios for the company using the Dun & Bradstreet® Key Business Ratios link in the Week 2 Electronic Reserve Readings. If your company's SIC code does not appear in the dropdown menu, choose another company.
Calculate the following ratios for the company using the two most recent annual financial statements found on the financial information website you used earlier. Be careful not to use quarterly information, and include ratios for both years.
· Current Ratio
· Quick Ratio
· Collection Period
· Return on Equity (~Net Worth)
Observe the year to year ( 2 years ) trend for each ratio and what it tells you about the organization's financial health.
Compare the ratios for the company you selected with the appropriate industry ratios shown on the Dun & Bradstreet® report.
Write a 1,050-1,400 word response about how the company you selected performed year to year and versus the industry based on what the ratios indicate. Show your calculations for the ratios and attach copies of the financial statements used as an exhibit.
Case4
Read the case on page 183 entitled The Digital Music Distribution Revolution.
The Digital Music DistributionRevolution1
Fraunhofer and MP3 In 1991, Fraunhofer IIS of Germany developed an algorithm that would set in motion a revolution in how music was distributed, stored, and consumed. The algorithm ( commonly referred to as a codec) allowed compression of digital audio to approx-imately one- tenth of its original size with minimal compromise in audible quality. The format also enabled song information such as the song title and artist to be embedded within the file. This format for compressed audio files was later dubbed MPEG- 1 layer 3— a. k. a. MP3. By 1995, software programs were available that enabled consumers to convert tracks from compact discs to MP3 files. This tech-nology transformed how music could be manipulated— a song was now a file that could be kept on a hard drive, and the file was small enough to be shared over the Internet. The MP3 format became wildly popular by users sharing their music online, and software companies began releasing many variants of MP3 encoders ( utilities that compress files into MP3s) and decoders ( utilities that play back MP3s). Hardware manufacturers decided to capitalize on this new trend and several hardware MP3 players began appearing on the market.
With the growing popularity of the file format, Fraunhofer was faced with a dilemma— should it enforce its patent on the use of the MP3 algorithm and attempt to collect royalties for its use, or should it allow users and software/ hardware man-ufacturers to make free use of the alg ...
Industry Conditions that Led to the Revolution in Audio Distribution which De...reeza fazily
The document discusses the digital revolution in music distribution. It describes key developments like the MP3 format, Napster, and iTunes. These technologies made it possible to easily share and download music files over the internet. This revolutionized how people access and consume music. It benefited many stakeholders like customers who could access more music options and artists who gained more control and revenue streams. However, major record labels and retail stores were negatively impacted as demand shifted to online distribution models.
The document discusses plans for a music portal to be launched by TELKOM. It provides examples of successful music portals from other countries and telecom operators. It outlines the business objectives of attracting and retaining subscribers through offering free music streaming. Revenue will come from a blanket music license, advertising, and potential upselling of premium music products. Key features will include music streaming, downloading, video, and a social community.
The document discusses the history and evolution of the digital music business from 1999 to 2011. It describes how Napster launched the first music sharing platform in 1999 but was shut down in 2001 for facilitating illegal sharing. In 2003, Apple launched the iTunes Store and sold over 10 billion tracks, helping to commercialize digital music. However, music streaming services like Spotify that relied solely on advertising struggled. The document also introduces Jamendo, founded in 2005, which offers music under Creative Commons licenses for both free private streaming and paid commercial use, giving artists an alternative to traditional record labels.
Nokia is changing the way people experience music by offering music stores in 21 countries and working with over 20 operators and 2000 content partners to provide music services. Nokia's music services offer consumers unlimited music downloads safely and legally with permanent ownership of songs, using stylish and integrated music devices.
The document discusses three regulatory bodies:
1) The ASA regulates advertising across all UK media and ensures advertising content is appropriate. It has the power to refer repeat offenders to other bodies.
2) PRS collects royalties for artists when their work is used and licenses the use of members' music, protecting future music.
3) W3C develops open web standards to ensure long term growth. It influences media technologies on the web through standards that impact broadcasters, software vendors and more.
The document discusses three regulatory bodies:
1) The ASA regulates advertising across all UK media and ensures advertising content is appropriate. It has the power to refer advertisers to other bodies like OFCOM for further action if codes are broken repeatedly.
2) PRS collects royalties for artists when their work is used in media and pays members. It licenses the use of music in different environments and productions.
3) W3C is an international community that develops open web standards to ensure long term growth. It influences media technologies on the web and shapes the media industry.
Internet radio, satellite radio, and amateur radio are different forms of radio available in India. Internet radio can be streamed online or through applications, and some popular Indian internet radio stations include Radio Maskaa and MyOpusRadio. Satellite radio uses signals broadcast by communications satellites to allow listening anywhere, but it has higher costs than internet radio. WorldSpace was India's first satellite radio but shut down in 2009, and Timbre Media is now relaunching satellite radio services. Amateur radio is practiced by over 16,000 licensed users in India and allows communication around the world without internet or cell phones. It played an important role in India's independence movement.
Mtvf panel on piracy and copyright mr finalbatnasanb
The document discusses intellectual property rights and piracy related to television copyright. It outlines that the US Federal Copyright Act governs public display of copyrighted movies and TV shows without permission from copyright owners. Copyright laws protect creators' exclusive rights to their work and help support jobs in the film and television industries globally. However, piracy is a major problem in Mongolia, where 90% of broadcasting is illegal and the top 10 most pirated US shows in 2013 are widely viewed. The current situation in Mongolia damages its television industry unless piracy is controlled.
Major record labels in the UK include EMI, Sony Music Entertainment, Warner Music, and Universal Music Group. Sony Music Entertainment was formed through a merger between Sony and BMG music divisions, and later Sony acquired BMG's shares. Universal Music Group is the largest record label conglomerate and is a wholly owned subsidiary of Vivendi. Warner Music struggled with debt over the years and failed in attempts to acquire other labels.
'News: UK Internet Radio Companies Launch "ASMEC" Trade Organisation To Tackl...Grant Goddard
The Association of Streaming Media Companies (ASMeC) has been created to represent digital audiovisual companies not licensed by Ofcom. Initial members include internet stations like Totally Radio, Last FM, Samurai FM and Radio Magnetic. ASMeC intends to lobby on the issue of music copyright licenses offered by Phonographic Performance Limited, which internet radio stations argue are too expensive compared to traditional radio. Other issues ASMeC wants to address are bandwidth costs, marketing and sales opportunities.
Sony Corporation was founded in 1946 in Tokyo, Japan by Masaru Ibuka and Akio Morita. It is headquartered in Minato, Tokyo and produces consumer and professional electronic equipment, communication and information equipment, semiconductors, electronic devices and components, batteries, and chemicals. Some of its major products include PlayStation, Blu-ray, televisions, cameras, and it was the first to launch magnetic tape recorders, transistors, transistor radios, portable televisions, cassette tape recorders, CD players, and camcorders.
The document discusses various aspects of piracy on the internet, including music piracy. It defines piracy as the unauthorized reproduction and distribution of electronic media. Music piracy specifically refers to the illegal duplication and distribution of sound recordings. Common ways music is pirated include downloading from the internet or peer-to-peer networks, passing copies between people, and illegal recordings. The document also discusses the consequences of music piracy, punishments, and ways copyrights are protected, such as through digital rights management and intellectual property laws.
This document discusses legal and ethical issues in the UK radio industry. It provides examples of incidents where radio presenters have crossed ethical lines, such as a prank call to a hospital that led to a nurse's suicide. It outlines the codes and policies broadcasters must follow to avoid harming audiences. These policies cover offensive language, privacy, and more. The document also discusses an instance where a BBC radio presenter was suspended for comments deemed unethical regarding breastfeeding in public. Emerging social concerns discussed include health care, wars, and child labor.
Radio will continue to be a big regional player in India. While Red FM and Radio Mirchi dominate the radio industry in India, Radio Mirchi has seen more success with over 43.8 million listeners across key cities. The document discusses the history and growth of radio in India and abroad, the major players in the Indian radio industry like Red FM and Radio Mirchi, and their achievements and strategies for success. It also raises questions about the future of the radio industry in India in terms of revenue growth, bidding for new cities, and which audience segments may see more traction.
This document is a class report on Verizon Communications prepared by Nishit Upadhyay for his professor Mr. Snehal Bhatt. It provides details about Verizon such as its ranking on the Fortune 500 list, leadership, products and services, financial performance, and competitors. Verizon is a major telecommunications company and the largest provider of wireless services in the United States, with over 100 million subscribers. The report includes a SWOT analysis and discusses Verizon's commitment to corporate social responsibility.
This document discusses three different music publishing platforms:
Kobalt Music Publishing - Founded in 2000, it is the largest independent music publisher representing artists like Kelly Clarkson and Ryan Tedder. It collects royalties directly from sources like iTunes and Spotify, resulting in 20-30% higher revenues for artists.
Sentric Music - Founded in 2006, it specializes in emerging songwriters/artists like Bastille and Catfish and the Bottlemen. Based in Liverpool, it manages over 12,000 artists worldwide, including through a sub-publishing deal with Downtown Music in the US and Canada.
Spotify - Launched in 2008, it is a popular music streaming service with over 75 million
Ofcom is the regulatory body for TV, radio, telecommunications, and postal industries in the UK. It has a statutory duty to promote competition and protect consumers. Ofcom investigates thousands of complaints about TV and radio standards each year. A high-profile investigation involved a 2008 radio show with Russell Brand and Jonathan Ross that left offensive messages on an actor's voicemail. Ofcom found the BBC in breach of its rules and fined them £150,000.
The document discusses the online music industry, including key players like iTunes, statistics on digital music revenues, and challenges like piracy. It analyzes the industry using Porter's Five Forces model and recommends that the sector is not worth investing in currently due to high competition, bargaining power of customers, threat of substitutes and new entrants, and need for stronger piracy legislation. ISPs and governments play a role in curbing piracy through graduated response laws and subscriber education.
The document discusses the evolution of the music industry from phonographs to MP3s and the transition to digital music distribution. It provides details on the key developments like the introduction of magnetic tape, cassettes, CDs, MP3 format and how these led to music being distributed digitally online. It then summarizes the current digital music business model and some of the major online music services like iTunes, Napster, Rhapsody and their pricing and catalog sizes.
The document discusses the evolution of the music industry from phonographs to MP3s and the transition to digital music distribution. It provides details on the key developments like the introduction of magnetic tape, cassettes, CDs, MP3 format and how these led to music being distributed digitally online. It then summarizes the current digital music business model and some of the major online music services like iTunes, Napster, Rhapsody and their pricing and catalog sizes.
Find a publicly-traded company (Microsoft) using a financial infor.docxvoversbyobersby
Find a publicly-traded company (Microsoft) using a financial information website. For The Following Company :
Microsoft
Watch the Industry Averages and Financial Ratios video and use the industry classification from the financial services website to locate the company's SIC code on the U.S. Department of Labor's website.
Find the industry ratios for the company using the Dun & Bradstreet® Key Business Ratios link in the Week 2 Electronic Reserve Readings. If your company's SIC code does not appear in the dropdown menu, choose another company.
Calculate the following ratios for the company using the two most recent annual financial statements found on the financial information website you used earlier. Be careful not to use quarterly information, and include ratios for both years.
· Current Ratio
· Quick Ratio
· Collection Period
· Return on Equity (~Net Worth)
Observe the year to year ( 2 years ) trend for each ratio and what it tells you about the organization's financial health.
Compare the ratios for the company you selected with the appropriate industry ratios shown on the Dun & Bradstreet® report.
Write a 1,050-1,400 word response about how the company you selected performed year to year and versus the industry based on what the ratios indicate. Show your calculations for the ratios and attach copies of the financial statements used as an exhibit.
Case4
Read the case on page 183 entitled The Digital Music Distribution Revolution.
The Digital Music DistributionRevolution1
Fraunhofer and MP3 In 1991, Fraunhofer IIS of Germany developed an algorithm that would set in motion a revolution in how music was distributed, stored, and consumed. The algorithm ( commonly referred to as a codec) allowed compression of digital audio to approx-imately one- tenth of its original size with minimal compromise in audible quality. The format also enabled song information such as the song title and artist to be embedded within the file. This format for compressed audio files was later dubbed MPEG- 1 layer 3— a. k. a. MP3. By 1995, software programs were available that enabled consumers to convert tracks from compact discs to MP3 files. This tech-nology transformed how music could be manipulated— a song was now a file that could be kept on a hard drive, and the file was small enough to be shared over the Internet. The MP3 format became wildly popular by users sharing their music online, and software companies began releasing many variants of MP3 encoders ( utilities that compress files into MP3s) and decoders ( utilities that play back MP3s). Hardware manufacturers decided to capitalize on this new trend and several hardware MP3 players began appearing on the market.
With the growing popularity of the file format, Fraunhofer was faced with a dilemma— should it enforce its patent on the use of the MP3 algorithm and attempt to collect royalties for its use, or should it allow users and software/ hardware man-ufacturers to make free use of the alg ...
Industry Conditions that Led to the Revolution in Audio Distribution which De...reeza fazily
The document discusses the digital revolution in music distribution. It describes key developments like the MP3 format, Napster, and iTunes. These technologies made it possible to easily share and download music files over the internet. This revolutionized how people access and consume music. It benefited many stakeholders like customers who could access more music options and artists who gained more control and revenue streams. However, major record labels and retail stores were negatively impacted as demand shifted to online distribution models.
The document discusses plans for a music portal to be launched by TELKOM. It provides examples of successful music portals from other countries and telecom operators. It outlines the business objectives of attracting and retaining subscribers through offering free music streaming. Revenue will come from a blanket music license, advertising, and potential upselling of premium music products. Key features will include music streaming, downloading, video, and a social community.
The document discusses the history and evolution of the digital music business from 1999 to 2011. It describes how Napster launched the first music sharing platform in 1999 but was shut down in 2001 for facilitating illegal sharing. In 2003, Apple launched the iTunes Store and sold over 10 billion tracks, helping to commercialize digital music. However, music streaming services like Spotify that relied solely on advertising struggled. The document also introduces Jamendo, founded in 2005, which offers music under Creative Commons licenses for both free private streaming and paid commercial use, giving artists an alternative to traditional record labels.
1. The development of MP3 compression allowed for easy sharing of music files over the internet, fueling the growth of services like Napster. This threatened the business model of record labels.
2. Apple launched the iTunes store in 2003, offering individual song purchases using the popular MP3 format. This became very successful due to factors like its large catalog and integration with the iPod.
3. New music distribution models have emerged since, such as creative commons licensing that allows independent artists to self-publish, and podcasting which gives exposure to lesser-known musicians. Streaming services now dominate the industry.
Strategic management of technological innovation fifth editionrizky putra
Fraunhofer IIS developed the MP3 format in 1991, allowing high compression of audio files. By 1995, software allowed converting music to MP3 format. Though others developed formats, MP3 became dominant. In 1999, Napster launched, allowing users to easily share MP3 files, which grew its popularity but concerned the music industry over lost profits. In 2001 Napster was shut down by court order. In 2003, iTunes launched with music store, addressing industry concerns through DRM and gaining popularity through its large catalog and iPod integration. The success of iTunes provided an online solution embraced by both music fans and industry.
Lecturer Adam Heatherington discussed how cultural factors affect ICT use, focusing on changes in the music industry brought about by the internet. Key points included:
1) The internet has changed how people listen to and access music, allowing them to download individual tracks instead of full albums and listen on mobile devices.
2) While legal downloading has grown popular, illegal file sharing remains a major problem, costing the music industry billions. Law enforcement has targeted some large pirate sites.
3) The music industry has struggled with falling CD prices and a shift to downloads, though physical media remains popular. Downloads offer advantages like unlimited selection and immediate access to listen on portable devices.
Garrett Camp founded Uber in 2010 as an app-based car transportation and food delivery service. It now operates in 633 cities globally. Uber disrupted the taxi industry by allowing individuals to become drivers and use their own vehicles, undercutting taxi prices. Similarly, Napster, founded by Shawn Fanning, was a pioneering peer-to-peer file sharing system that disrupted the music industry in the late 1990s/early 2000s by allowing free music file sharing, significantly reducing music sales. Both companies harnessed new technologies to create innovative, disruptive business models that transformed their respective industries.
The document discusses digital rights management (DRM) technology, which focuses on preventing illegal distribution of paid digital content like music and videos. DRM uses encryption and authorization checks to control access to and copying of copyrighted works. While DRM aims to curb piracy, some argue it restricts lawful usage and that removing restrictions could increase music sales. The recording industry uses DRM and prosecutes illegal downloaders, but supporters of removing DRM say it would encourage more legal purchases if content was less restricted. Apple would sell DRM-free music if allowed by content owners, but current agreements require DRM encoding.
The document discusses Spotify's "freemium" business model. It summarizes that Spotify aggregates music content from rights holders and distributes it to consumers for free with ads or through a subscription without ads. Spotify's model has generated billions in revenue and disrupted the traditional music industry model. It provides value to both music listeners and advertisers through its multi-sided platform approach.
PopCatcher is software that can be installed on mobile phones to automatically record songs played on the radio, removing advertisements and DJ talk. It works by recording a radio broadcast, dividing the audio into songs and non-songs, and saving just the songs. It provides users with a free, constantly updating playlist of new music on their phone each day. The technology is patented and legal under copyright law as recordings are only for personal use from radio broadcasts where artists are already paid. Additional opportunities exist to generate traffic to websites or apps and create marketing partnerships through use of the technology.
Technology has significantly changed the music industry in recent years. People are listening to more rock and jazz music but buying less music in stores. The rise of the internet and mobile phones has enabled new forms of digital music distribution through platforms like iTunes and streaming. However, this has also led to rampant piracy through peer-to-peer file sharing networks, costing the industry billions. New technologies aim to curb piracy through digital rights management while expanded digital distribution opens new opportunities for artists and fans.
Music And Radio On The Internet Whats NextNico Perez
The document discusses the history and future of the music and radio industries online. It provides context on the major players in the recorded music and radio industries historically and today. It then discusses Mixcloud, an online platform for radio shows, podcasts, and DJ mixes. Finally, it outlines some key trends for the future of online music and radio, including a shift to more social, democratic, and personalized experiences, and challenges around business models, new devices and formats, and determining what types of content consumers will pay for.
These services provide various digital music services including streaming platforms, download stores, social media platforms, and databases. Some key services mentioned are Spotify, Apple Music, YouTube, Deezer, Pandora, and SoundCloud as major streaming platforms, as well as services like 7Digital, Beatport, and Traxsource for downloadable content. The document also notes some services they are negotiating with, exploring, or have put discussions on hold.
Illegal downloading of music became widespread with the introduction of file sharing programs like Napster and Limewire in the late 1990s and 2000s. This led to billions of songs being illegally downloaded, costing the music industry billions in lost revenue and tens of thousands of lost jobs. In response, music companies sued individual downloaders and file sharing sites. New legal streaming services like Spotify have emerged to provide affordable access to music and reduce piracy, though illegal downloading still occurs today.
Lecture given on the International Business School in Hungary, Budapest in 2011. Changes of the Music Industry - New Ways of Music Consumption
Edited by Andras Bodrogi - New Media Manager and Consultant
Developments and business models in the music industry @ Noorderslag 2012ottilienieuwenhuis
Digitization has disrupted the music industry's traditional business models and led to an overall decline in revenues. However, it has also lowered costs and increased access to music. Record companies and retailers have suffered while new intermediaries like streaming services have emerged. Artists now have more opportunities to produce and distribute music independently, but their revenues may depend more on live performances. The future of the industry could see greater dependence on new aggregators working with record labels and social media platforms.
Similar to Digital rights management in Turkish online music sector (20)
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2. AGENDA
INTRODUCTION (slide 1)
DRM IN THE WORLD (5)
DRM IN TURKISH ONLINE MUSIC SECTOR (7)
SOME TURKISH WEBSITES THAT USE DRM
FOR MUSIC SELLING (9)
CONCLUSION (slide 18)
3. INTRODUCTION
Digital rights management (DRM): Media
access control technologies.
It is for:
Hardware manufacturers,
publishers,
copyright holders
individuals
to limit the use of digital content and devices.
4. INTRODUCTION
DRM ≠ Serials, key files, passwords.
Sony, Amazon, Apple, Microsoft, AOL, BBC.
DRM prevents access, copying or
conversion to other formats.
Technological & legal infrastructures and
business models are important.
5. DRM IN THE WORLD
Illegal sharing and distribution of digital
music products in online media, caused
the establishment of inter-institutional
cooperation for DRM.
Turkey: music producers work together
with the trade associations and
technology companies.
6. DRM IN THE WORLD
Common business models:
À la carte: Users may choose the type of
music or artists and purchase the products
they want.
Subscription: Daily, weekly, monthly
subscription is provided for users.
Ad Supported and Social Network Business
Models: Promotion of music.
7. DRM IN
TURKISH ONLINE MUSIC SECTOR
Music Performers: composers, songwriters,
arrengers.
MESAM (Musical Work Owners’ Society of
Turkey),
MSG (Musical Work Owners Group),
MUYORBIR (Music Performers Union)
8. DRM IN
TURKISH ONLINE MUSIC SECTOR
Music Producers: A person or institution.
MUYAP (Turkish Phonographic Industry Society) has a
digital music platform project.
Manufacturers: R&D, graphic designers, DVD/CD/tape
printing facilities.
Distributors: 1. Wholesale 2. Digital (via MUYAP).
Music Consumers: Prosumers.
Media.
9. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
PowerClub: (January 2006-August 2010),
Powerclub.com.tr
1.5 million registered users,
WMA-formatted songs,
a virtual currency named PowerPara.
10. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
Kavun: Kavun.mynet.com
5 million registered users,
Once: membership to listen to unlimited
music
Now: unlimited music for everyone
without membership.
11. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
Sen Dinle: (2008-2009) Sendinle.com
To create your own radio, listen and
share.
Free of charge at first
Business model: Subscription and
advertising
12. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
TTnet Muzik: TTnetmuzik.com.tr
TTnet is an internet service provider,
TTNet ADSL users may subscribe,
Promotions to its ADSL subscribers.
13. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
Muzik.Net (2009-2011)
Subscription based service
Share music lists, edit their profiles, listen or
download music.
14. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
Mplay: Mplay.com.tr
Offers users a Karaoke platform as a first
service of its kind it Turkey.
15. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
MTV Turkey: mtv.com.tr
Part of international MTV group,
Subscription based service,
16. SOME TURKISH WEBSITES THAT
USE DRM FOR MUSIC SELLING
Alternative online or mobile legal digital music venues in Turkey:
Avea,
Turkcell,
Vodafone,
Coke’N Music,
Muzik icin Efes,
Ovi Music,
Ovi Music Unlimited,
YouTube.
17. CONCLUSION
In Turkish online music sector, performers and record
producers are most effective groups.
Personalized product delivery via obtaining consumers’
personal information is not observed.
Online music consumers are turning to illegal content.
Legal music business models focused on letting users listen
freely, generating revenue from advertising and
sponsorship.