Explore the crisis that Internet file sharing of copyrighted music recordings has caused for Vivendi Universal, Sony Music, EMI, and AOL Time Warner Music, which together formerly supplied 70 percent of the global music industry. Selling individual downloads and subscriptions as well as free downloads supported by online ads, revenue from digital music of $7 billion exceeded $6.8 billion from CDs for the first time in 2014. How would the Internet firms Napster and Kazaa be reflected in a Porter Five Forces industry analysis?

Understanding Business
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ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Explore the crisis that Internet file sharing of copyrighted music recordings has caused for Vivendi Universal, Sony Music, EMI, and AOL Time Warner Music, which together formerly supplied 70 percent of the global music industry. Selling individual downloads and subscriptions as well as free downloads supported by online ads, revenue from digital music of $7 billion exceeded $6.8 billion from CDs for the first time in 2014.

 

  1. How would the Internet firms Napster and Kazaa be reflected in a Porter Five Forces industry analysis?
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