The internet changed it by
1) increasing media fame
2) lower record profits.
With %26quot;file-sharing%26quot; people are able to acquire things without having to pay a cent. Therefore the record company loses profit, because people would rather download the song that to buy it.
But in the other hand, the song the record business tries to promote will be really well-known in the internet. But in return, people would find this song, and download it as well.
Basically, the internet made Record Business lose money.|||Please elaborate.|||Aside from the extra promotional opportunities and additional opportunities to sell product, the Internet hasn%26#039;t made any difference.
What has made some artists think seriously about giving up is the obsession with some teens for free downloading. These people don%26#039;t seem to realize that singing/recording is the artist%26#039;s %26quot;job%26quot; and he/she does not do it for fun. It is his/her living. He/she is legally entitled to earn royalties from downloads because that represents a sale. Legal download sites pay mandatory fees for the legal right to handle the music and part of these fees get back to the artist. P2p sites pay no fees and so their downloads are not only illegal for that alone, but the artist is being robbed with each %26quot;free%26quot; download of his/her music
