CAIS66FinalReportNapster[2]

CAIS66FinalReportNapster[2] - Group #1 Final Group Case...

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Group #1 Final Group Case Study: Can the Music Industry Change It’s Tune? Peer-to-Peer file sharing has rapidly increased in popularity and use as much as it has gained in controversy. Napster was the first to expand on the concept of exchanging files, primarily music, free of charge. While computer users are widely fond of the idea, the Recording Association of America (RIAA), who represents the five major recording companies, sued Napster. This resulted in Napster’s bankruptcy and eventually shut down operations in 2002. While Napster initially denied its illegal activity because Napster’s own computers did not contain any music files, it did maintain a centralized index of members’ music on a central computer. Napster now offers a similar service, but requires users to pay a monthly legal fee. Other companies, such as Kazza and Grokster, offers free peer-to-peer file exchange software. These company’s do not keep files on a central computer, which is legal, but users of this software can be prosecuted for stealing music. Because music can be obtained free of charge, instead of paying for it, the music industry is required to analyze its strategy for making profits. Recording companies
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This note was uploaded on 03/29/2012 for the course FINANACE 301 taught by Professor Hogan during the Spring '10 term at George Mason.

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CAIS66FinalReportNapster[2] - Group #1 Final Group Case...

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