The Effects of Peer to Peer File Sharing on The UK Music Essay

The Effects of Peer to Peer File Sharing on The UK Music - Essay Example The music industry and related associations would not be included in these statistics because research work has shown a great dichotomy (Alejandro, 2005). Experts have been cited as saying that filesharing becomes an illegal activity when copyright material is made available without the permission of the rights holders particularly recording studios in the music industry. In view of this argument, research findings have shown that filesharing involves trading of digital files with other users over the internet causing untold financial suffering to the affected companies and institutions. This act of Peer-to-Peer filesharing has received a widespread adoption and facilitation due to a number of factors. Firstly, the increasing Internet bandwidth and the widespread digitization of physical media files have substantially made home PCs capable of managing digitized audio and video files in a far much better way (Ethan, 2007). This has additionally made it relatively easy to transfer several files from one computer to another across the Internet using various file management networks as observed by Eric (2008). Further observations by Ethan (2007) have revealed that the music industry has repeatedly shown concerns over the potentially devastating impacts of online music sharing. In this regard, the present study has proposed to analyze the effects of p2p f ile sharing on the UK music industry and effectively recommend viable solutions to this heinous act. The first chapter is presented in the sections discussed hereunder. Published works in this area indicate that majority of people across all age groups are currently involved in downloading all forms of information freely from the internet. All sorts of information including copyrighted material are readily made available online by various filesharing websites resulting in adverse financial repercussions to the concerned companies.