Music Piracy: Should It Be Allowed?

ecause it is overpriced. CD prices heave steadily risen over the last couple of years (#1). In result of the expensive prices of music, sales of CDs went down 10% in the United States in 2001 (#4). In September 2002, five record companies and three music retailers were fined over $140 million, because their CD prices were too high (#2). As one can see, the music industry is clearly trying to cheat the music buyers out of their money.
             Rupert Perry, Senior Vice-President of EMI Recorded Music and Chairman of IFPI's European Regional Board, said:
             "The music business invests billions of dollars in new artists. We cannot compete with pirates who do not assume any of that risk and who do not compensate the artists who have created the music in the first place. That is fighting piracy, both in the physical world and on the internet
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Music Piracy: Should It Be Allowed?. (2000, January 01). In MegaEssays.com. Retrieved 07:16, October 12, 2026, from https://www.megaessays.com/viewpaper/94911.html