Tuesday, September 17, 2019
The Internet Piracy
The Pirate Bay -Case Study 1. How does The Pirate Bay business make money? What is its business model? ââ¬â The Pirate business makes their money by advertising using the ââ¬Å"advertising revenueâ⬠as a business model. Itââ¬â¢s a website works as a forum to advertise and receives fees from the advertiser. The more browsers the website has, the higher rates of the websites will charge and thatââ¬â¢s what lead them to increase their revenue. 2. How do new ââ¬Å"cloud-basedâ⬠media sites and services make money? What is their business model? * It works through subscription fees by using the ââ¬Å"subscription revenueâ⬠as business model.By this the website provides all content or services to their users to exchange for a subscription fee. The users will pay a fee based on what kind of service they want and for how long. 3. Is the record industry justified in attempting to shut down P2P file-sharing sites that make it possible to download copyrighted media? W hy or why not? * Yes it is, since there are millions of dollars spent by record labels to produce albums and not to include the artistââ¬â¢s time and effort into creating musicââ¬â¢s and movies for the audience.In my opinion, CDââ¬â¢s, DVDââ¬â¢s can be bit pricy during such difficult economic times, but it will not give people the right to steal. 4. Why might consumers prefer to pay for music from cloud-based sites rather than simply download music from P2P sites? * Because, they get benefits if having instant access of high quality track and videos without the hassle of P2P software download. The consumers donââ¬â¢t have to wait for hours for downloads or clutter their hard drives with file.
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