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Reaction
Economics 
Buying and selling: 
• product 
• buyer & seller 
• supply & demand
Key Questions 
• How has technology affected the way music is 
made? 
• How has music technology affected the way 
we consume music?
Digital Revolution 
• CDs – 1982 
• MP3.com & AudioGalaxy – 1998 
• Digital Millennium Copyright Act – 1998 
• Napster – 1999 
• BitTorrent - 2001 
• MySpace - 2003
What is copyright? 
©
Case Study: Digital Millennium 
Copyright Act 
• https://www.youtube.com/watch?v=5Q7y- 
3sVg3Q 
• http://www.ted.com/talks/larry_lessig_says_t 
he_law_is_strangling_creativity#t-499883
Case Study: Napster 
• https://www.youtube.com/watch?v=kSZqkn9 
hT5w
Concluding questions: 
• How has the Napster and other file-sharing 
sites changed the way that we obtain music? 
• How has this changed the law and the 
industry?

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Reaction Part 1

  • 2. Economics Buying and selling: • product • buyer & seller • supply & demand
  • 3. Key Questions • How has technology affected the way music is made? • How has music technology affected the way we consume music?
  • 4. Digital Revolution • CDs – 1982 • MP3.com & AudioGalaxy – 1998 • Digital Millennium Copyright Act – 1998 • Napster – 1999 • BitTorrent - 2001 • MySpace - 2003
  • 6. Case Study: Digital Millennium Copyright Act • https://www.youtube.com/watch?v=5Q7y- 3sVg3Q • http://www.ted.com/talks/larry_lessig_says_t he_law_is_strangling_creativity#t-499883
  • 7. Case Study: Napster • https://www.youtube.com/watch?v=kSZqkn9 hT5w
  • 8. Concluding questions: • How has the Napster and other file-sharing sites changed the way that we obtain music? • How has this changed the law and the industry?