Student Number: 67452101
Subject: MN 398 – Business Research Methods
Research area: Consumers ethical thinking when illegally downloading music and the effect it has on the industry
Research Question: How has the consumer’s attitude toward piracy affected the music industry?
Word Count: 2,909
“A decade’s worth of music file sharing has made it clear that the people it hurts are the creators... and the people this reverse Robin Hooding benefits are rich service providers, whose swollen profits perfectly mirror the lost receipts of the music business.” (Bono, IFPI Digital Music Report 2010)
The music industry changes at a …show more content…
Walsh later cites the Recording Industry Association of America (RIAA) survey estimating $12.5 billion (€9.1 billion) is lost globally each year due to music piracy. Walsh states that “$2.7 billion of the figure represents the earnings of 71,000 people who might otherwise be employed in the industry” (ibid).
We can see that illegal downloading has caused problems for the industry. However, even if laws are changed to prevent the use of P2P file sharing sites, file conversion (taking audio off websites such as YouTube and converting them to MP3 files) is still a problem that has yet to be investigated.
Research Question and Objectives
How has the consumer’s attitude toward piracy affected the music industry?
• To find out the ethical thinking of a consumer when illegally downloading