File hosting and local networks anyone got the opportunity to put the digitiz content of the purchas CD on the Internet. And while the giants of the music industry have done their best to ignore these changes, illegal music has been spreading around the world at the spe of network data transfer, eroding the foundation of copyright. As a result, the income of the world’s largest companies began to plummet, reaching an absolute minimum in 2013 ($14.3 billion). Then labels and artists began to flood the courts with lawsuits against pirates in an attempt to maintain control over copyright enforcement. But the ice has already broken.
Which brought the company huge profits
Spotify Algorithms win Steve Jobs was the first to realize Sri Lanka Phone Number List the significance of the upcoming digital revolution in music. In 2001, he open the iTunes online store, which sold songs for 99 cents, 70 of which went to record companies. At the same time, he also launch an MP3 player, Later, MySpace appear – a social network where you could listen to music online. Then there was the platform Last. fm, on their preferences. But the real revolution in streaming was made by Spotify. This platform was open in 2006 in Swen, the birthplace of music piracy.
The most sophisticat music itor could
Patrick Burkart writes in his book Pirate Politics that in USA CFO Swen the attitude to copyright has traditionally been much less serious than in other EU countries. It was also noteworthy that Daniel Ek, who head Spotify, had previously serv as director of Torrent. The service constantly grew its audience through an expanding music catalog and improving algorithms that match music content to each user in a way that even not. In addition, Spotify has also made a global shift in the music royalty model that is now the go-to for all streaming services.