2 Pages

Botta

Course: FRS 129, Fall 2009
School: Princeton
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Word Count: 538

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Botta Michael The question which I would like to answer in my term project deals with the effect the passing of the Digital Millennium Copyright Act will have on digital transmissions of copyrighted materials, especially as this relates to Internet Radio. My intention is to examine the motivation behind the passing of the D.M.C.A., its advocates, and its opposition. In doing so, I would also like to examine who...

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Botta Michael The question which I would like to answer in my term project deals with the effect the passing of the Digital Millennium Copyright Act will have on digital transmissions of copyrighted materials, especially as this relates to Internet Radio. My intention is to examine the motivation behind the passing of the D.M.C.A., its advocates, and its opposition. In doing so, I would also like to examine who has the most to gain from the passing of such a bill, and on whom it will inflict the most harm. My primary focus will be on the effects of the D.M.C.A. on Internet Radio, and whether or not the industry can survive the bill's passing. In doing so, it will be important to consider how internet radio broadcasts became popular, who the major players in the industry are, and how much money can be made in such a business. I also intend to discuss the relation between internet radio and standard over-the-air broadcasts, and why they are treated differently under the new law. What I feel will be essential to properly discussing the topic will be knowledge of the far-reaching effects of the D.M.C.A., and the reaction to those effects by the public. One such development which stemmed from public outcry, the Internet Radio Fairness Act, will be important to consider in the context of discussing the public's interest in digital transmissions such as internet radio broadcasts, and their ability to influence laws governing such new mediums. It will be interesting to relate the D.M.C.A. and its effects on digital transmissions to the effects which record companies to desire have on peer to peer file sharing, namely, will the D.M.C.A destroy internet radio completely, and make it impossible for small to mid-sized internet radio stations to operate, or will the medium be treated more like over-the-air radio stations, and be allowed an opportunity to stay in business and to make a profit. To better understand why record companies have lobbied against digital transmission of copyrighted materials in uncontrolled mediums such as Internet Radio, it will also be necessary for me to discuss any relevant data regarding the influence such broadcasts and transmissions have on music sales, and whether internet radio broadcasts are believed to hurt business, or, as is the case with over-the-air radio stations, are believed to help increase record sales. My goal in creating this term project is to understand the effects the D.M.C.A. will have on such digital broadcasts, and, on a grander scale, on the music ...

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Maryville MO - ECON - 3229
Chapters 1 and 3 Money (p. 49): Anything that is generally accepted in payment for goods or services or in the repayment of debts. 1. Money appears to have a major influence on: (1) Inflation (2) The business cycle (3) Interest rates (4) Each of the
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Maryville MO - ECON - 3229
Chapter 2 Financial Markets (p. 23): Markets which perform the essential economic function of channeling funds from households, firms and governments that have saved surplus funds by spending less than their income to those that have a shortage of fu
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Maryville MO - ECON - 3229
Chapter 5 Loanable Funds Framework: Demand (for bonds) Liquidity* Risk* Expected return* (also e and ie) Wealth *Consider also alternative assets Supply (of bonds) Government Deficits Business Cycles (expansions and recessions) Expected inflation1.
Maryville MO - ECON - 3229
Chapter 6-1 * The Risk Structure of Interest Rates: Different bonds have different interest rates because of differences in liquidity, risk and tax considerations. 1. Given the following information, what is the risk premium on the corporate bond? 5-
Maryville MO - ECON - 3229
Chapter 6-2 Different bonds have different interest rates because they have different maturity dates. Theories of the term structure of interest rates must explain three facts: Interest rates on bonds of different maturities move together over tim
Maryville MO - ECON - 3229
Chapter 9 1. Consider the following bank balance sheet: Assets Reserves Loans Securities Liabilities Deposits $100 million Bank capital $10 million$10 million $75 million $25 millionSuppose the reserve requirement = 10% and that there is a Deposi
Maryville MO - ECON - 3229
Chapter 10 1. The legislation that effectively prohibited banks from branching across state lines and forced all national banks to conform to the branching regulations in the state in which they reside is the _. (1) McFadden Act (1927). (3) Glass-Ste
Maryville MO - ECON - 3229
Chapter 14 Money Supply model:M 1 = C + D ; MB = C + R ; M 1 = m MBmoney multiplier: m =1+ c , where r+e+cc=C , is the "currency-deposit ratio" D ER e= , is the "excess reserves ratio" D r = reserve requirement ratio1. If the required res
Maryville MO - ECON - 3229
Chapters 1 and 3 Money (p. 49): Anything that is generally accepted in payment for goods or services or in the repayment of debts. 1. Money appears to have a major influence on: (1) Inflation (2) The business cycle (3) Interest rates (4) Each of the
Maryville MO - ECON - 3229
Chapter 2 Financial Markets (p. 23): Markets which perform the essential economic function of channeling funds from households, firms and governments that have saved surplus funds by spending less than their income to those that have a shortage of fu
Maryville MO - ECON - 3229
Chapter 2 Financial Markets (p. 23): Markets which perform the essential economic function of channeling funds from households, firms and governments that have saved surplus funds by spending less than their income to those that have a shortage of fu
Maryville MO - ECON - 3229
Chapter 4 1 11. If I prefer $100 today rather than $110 one year from today is because (a) I know that the interest rate is greater than 10%. (b) I know that the interest rate is less than 10%. (c) I don't agree with the present value formula. (d) N
Maryville MO - ECON - 3229
Chapter 4-2 1. The yield on a discount basis of a 90-day $1,000 Treasury bill selling for $900 is (a) 10 percent. (b) 20 percent. (c) 25 percent. (d) 40 percent. 2. Which of the following are true of the yield on a discount basis as a measure of the