1. The Internet Economy
... to the account holder, Mp3.com bought 40 000 CDs and translated them into Mp3 format to be stored on a centralized database. Once a customer purchased a record, a copy would be transferred to their account. However Mp3.com is in violation of the copyright act of 1971, which prohibits anyone but the copyright owner from making a copy of a recording. Mp3.com was making their own copies, without ... permission. Mp3.com was forced to settle with two major record labels Time Warner for $20 million, and BMG for $80 million. But what does all this mean. Are ... of copyrighted materials withou...
- Word Count: 1614
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School