Piracy

Piracy affects the music industry

Each year, the piracy industry loses about $4.2 billion to piracy worldwide. Music pirates are the first to misplace because the recording industry and law enforcement officials are breaking down round the world. Do the misdeed and you will pay the fine or do the time. (Hill, pp. 23-25)

Consumers also lose because the shortcut savings enjoyed by downloading music drive up the costs of legitimate product for everyone. (Adams, pp. 56-60)

Honest retailers (who back up the goods they sell) lose because they can not contend with the charges offered by illegal vendors, or free illegal downloads. Less ...