The music consumption today is increasing by every passing minute and is driven by streaming services. There is a rapid growth of user generated content on platforms such as YouTube, Spotify and Sound Cloud. This can be perceived as good news for music creators, investors and consumers. But the industry is actually not happy with these changes because the revenues which are vital in funding the future investment are not being fairly turned to right holders.
Canada--Music Piracy & Copyright Infringement Report, 2018 focuses on addressing the issue of increasing music piracy on the internet. It also discusses the losses incurred by the music artists and the violations of their copyright. Canada is one of the largest music markets in the world, and it is getting affected a lot due to growth of music piracy. The report has explored the primary forces that drove digital piracy. Music industry is now confronting new avenues in which their rights are getting infringed and the rate of their revenues are diminishing.
The technology has provided an anonymous platform to share and consume pirated music without any fear of being caught by the legal authorities. Though it is encouraging to see that the discrepancies that arose with the technical advancement are now being addressed by the policy makers. The report has explicated all the relevant legal frameworks that protect the artists copyrights and provided them legal recluse in case of infringements.
The report has specifically mentioned all the stake holders involved in the music industry, namely, artists, record labels and broadcasters. They have various rights and liabilities as per the law, which are explained in detail in the report.
The report has also analysed the music market of Canada and explained its current state. Piracy is a huge problem for the music artists. The undue advantages that the violators are gaining are had to regulate. The governmental authorities alone cannot take the whole responsibility to curb this long-standing problem.
There is a need for various participants of music industry to come together and originate an implementable comprehensive solution. The report has come up with various recommendations based on the social, legal, economical and technological aspects of the music piracy and related areas.
The report encompasses a holistic view the issue of music piracy. It shows the current state of piracy in Canada and how the new technologies can actually help the artists to curb this issue along with securing their copyrighted content.
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