The Internet Changes the World of Music, But What Comes Next?

... Stockholm School of Economics Quo Vadis Music Industry: The Internet Changes the World of Music, But What Comes Next? Course: 2101 Market Systems Fall 2002 1. Major points of conflict Today there are struggles between several different parts of the value chain. The labels are trying to stop customers from downloading free music from the Internet. This conflict is mostly between the sound carriers producers and the customers. Even the compositors of music, i.e. the artists are fighting against free downloading of their material. One example of this is Metallica who sued Napster for encouraging illegal use of their music. Napster responded by preventing the users who had downloaded Metallica songs from using the service. 1 We believe that these struggles will become more intense in the future. Another aspect not covered in the value chain are the new competitors that have entered the market. One example of this is the

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