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Article: A Copyright Strategy for your Business: Important Lessons from the Music Industry.
- Article from:
- Mondaq Business Briefing
- Article date:
- April 20, 2004
CopyrightCOPYRIGHT 2004 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Internet piracy is a major threat to all businesses whose success depends on controlling copyright works. Hana Ferraris outlines mistakes made by the music industry in dealing with Internet theft and shows how you can learn from them to prevent your own works being copied.
The impact of music piracy.
In 1999, the European Commission estimated that piracy accounted for between 5% and 7% of world trade. The Commission claims that the cultural sector alone (including the music and audiovisual industries) loses over C 4.5 billion each year because of counterfeiting and piracy. Similarly, the Recording Industry Association of America (RIAA) blames piracy for ...