Copyright in the Music Industry
Volker Lehmann (Infineon Technologies AG, Corporate Research, Otto&Hahn&Ring 6, 81739 Munchen, Germany)
Copyright in the Music Industry
Volker Lehmann (Infineon Technologies AG, Corporate Research, Otto&Hahn&Ring 6, 81739 Munchen, Germany)
Master’s Thesis from the year 2005 in the subject Law - Comparative Legal Systems, Comparative Law, grade: 53(60), Universit Paul C zanne Aix - Marseille III, course: European Master in Law and Economics, 37 entries in the bibliography, language: English, abstract: Copyright protection in the media and especially in the music industry is a widely discussed topic since several years. In fact new technologies based on Internet changed the situation for the classic business model of the music labels dramatically. CDs become more and more superfluous with the advent of digital media and thus the traditional business model producing and selling them. The music industry of course makes these new technologies responsible for their decline in sales while others argue that the new technologies moreover offer great opportunities for the industry to expand their markets. However I will not join the discussion whether online file sharing is responsible for the decline in record sales2. I rather will show that the new technologies being introduced offer great chances for new ways of producing and distribution of music, no matter the impact it has on the old and outdated business models by selling CDs. In my thesis I try to give some insights into the current dilemma, discuss the most appealing proposals advanced by legal and economic scholars and, finally, provide my own suggestions without neglecting the current political circumstances. Therefore I will give some background information of what is actually going on right now in the markets for music in the second chapter. Then I will shed some light on the basic foundations of copyright, its economic impacts and of course its inefficiencies according the music business. After having analyzed the economic consequences of current copyright laws I will introduce and comment on some recent suggestions to ameliorate the inefficiencies. This will be proposals from single changes of particular parts of copyright to radical abandonment
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