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Author Topic: Enforcement of Anti-Piracy/Copyright Laws, Affecting Music Sales  (Read 155 times)

schoolproject

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Digital piracy has been an ongoing issue in the entertainment business as music is constantly streamed and leaked illegally, in which may affect the certain artist"s music sales. In a study conducted by Economics specialist Robert G. Hammond, he finds that the elasticity of sales with respect to illegal downloads is one-tenth of one percentage point, using within-album variation in illegal downloads and sales. However, the discovery that file sharing is not harmful to individual music artists is "not inconsistent with the well-documented fact that file sharing is harmful to the music industry (the fallacy of composition)." What are your thoughts on enforcing anti-piracy/copyright laws, especially in the music industry?
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