The Internet Piracy

The Pirate Bay -Case Study 1. How does The Pirate Bay barter brighten money? What is its personal line of credit model? The Pirate business makes their money by advertising using the advertising revenue as a business model. Its a website works as a forum to advertise and receives fees from the advertiser. The more browsers the website has, the higher rates of the websites pull up stakes charge and thats what lead them to increase their revenue. 2. How do new cloud-based media sites and services make money? What is their business model? * It works through subscription fees by using the subscription revenue as business model.By this the website provides all content or services to their users to exchange for a subscription fee. The users will pay a fee based on what kind of service they want and for how long. 3. Is the record industry justified in attempting to shut down P2P file-sharing sites that make it possible to transfer copyrighted media? Why or why not? * Yes it is, since there are millions of dollars spent by record labels to produce albums and not to embroil the artists time and effort into creating musics and movies for the audience.In my opinion, CDs, DVDs can be bit pricy during such tricky economic times, but it will not give people the right to steal. 4. Why might consumers prefer to pay for music from cloud-based sites rather than simply download music from P2P sites? * Because, they get benefits if having instant access of high quality track and videos without the hassle of P2P software download. The consumers dont have to wait for hours for downloads or fix their hard drives with file.