The fact that 95% of iTunes sales are singles suggests that albums are overserving customers that only desire certain songs; they aren’t willing to pay $14.99 for a full album, but will pay $0.99 per song. Piracy is another concern. Though not necessarily a substitute for album purchases, the case states that 20 songs are illegally downloaded for every 1 that is purchased; this large discrepancy suggests that some customers still value full albums, but are unwilling to pay $9.99 or more. Additionally, the recording industry is overserving consumer needs – previously, they played an important role in identifying new artists and marketing their music to fans. With the dawn of social media, there are other channels – websites, MySpace, and iTunes, to name a few – that provide consumers with the ability to search out emerging artists without the help of record companies.
Private contractors usually get paid a much higher rate than government workers do. Private contractors are supposed to get work done efficiently and effectively. They do the work because their incentive is money. The Frontline’s videos Private Warriors highlight another side of private contractors: expense. The companies mentioned in the videos are costing our government millions and millions of dollars for services.
Even if MCI sold out at a premium, Pavlo wasn't going to get rich like top managers. He earned $70,000 and had vested options worth less than his salary. "I'm getting instructions from other parts of MCI that aren't in writing, like 'Make the bad debt $15 million,' but I'm the only one with my name all over this stuff," he says. "I started to feel I was going to be made into a
Companies’ off-label drugs so that they can make a great deal more profit in the end. This is because instead of just selling and having one drug on the market for one sole purpose, they can have one drug on the market that can be used for several other treatments. Although they cannot legally promote the off-label uses of their drugs to the doctors, some companies take the risk anyways for personal benefits. Take Pfizer for example; they had four off-label drugs out on the market that resulted in making their patients sicker and even causing death for the uses that they were prescribed. This cost Pfizer $2.3 billion dollars.
Dominiece Cooley 9/21/12 Spoken Communication Instructor Gaines Informative Speech Extreme Couponing! I know for a fact that everyone in this room would love to receive free money every week, and in reality it is mailed to us or thrown into our yards and most of you throw it away. I’m talking about coupons; coupons have a lot of pros, including acting as free money. Extreme couponing is not only a hobby for the less fortunate, but it’s also a lifestyle that can save any and everybody millions of dollars each year. Now, I really could not decide whether to tell you how to be an extreme couponer or the values so I decided to tell the values of it, but to also give a few pointers on how to be one.
In addition, the huge crowds that turned up to these concerts made the effective policing of the audience for the presence of recording equipment virtually impossible. Vast numbers of recordings were issued for profit by bootleg labels. [1][2] Some Pink Floyd bootlegs exist in several variations with differing sound quality[3] and length because sometimes listeners have recorded different versions of the same performance at the same time. Pink Floyd was a group that has protected its sonic performance, making recording with amateur recording devices difficult. [4][3] In their career, Pink Floyd played over 1,300 concerts of which more than 350 were released as bootleg (sometimes in various versions).
(Ferner, 2014) Not only would the feds benefit from this decision of legalization; communities would see economic improvements for legalization, state coffers, and many others. Additionally, with bringing in funds, state and regional governments would save a substantial amount of money in wasteful spending for law enforcement. In fact, the government and taxpayers spend between 20 and 25 billion dollars a year (Osler, 2012), to prosecute dealers and/or to incarcerate those who have marijuana in their possession. This may be the sole reason that on November 7, 2012 marijuana was decriminalized for both recreational and medicinal use in California and Colorado. If marijuana was legalized, arrests for marijuana possession would decline, thus, saving money from the need of law enforcement for the marijuana prohibition.
Fast-forward to today and people are copying music from Internet sites for their own personal enjoyment as well as to make extra money. These reproductions have resulted in a loss of revenue to numerous artists and have resulted in lawsuits against consumers and businesses who continue to distribute music with no regard for the copyrights. The Case Boston-based company ReDigi designed a way to share or sell music on-line while steering clear of copyright infringement. According to Johnson (2013), the company stated that, “Our technology gives you the tools to access ownership rights to your digital property so that you can sell a used mp3 just as you would sell a used CD should you decide you no longer wish to own it” (para. 3).
With shows like this on air for the world to see it is a disgrace. This country is well over dry on money, yet, we can spend millions on each of these cast members who do nothing but party and be belligerent drunks. According to TMZ.com the Jersey Shore cast is getting paid $100,000 an episode and there is 13 episodes in a season, don’t forget to include their appearances, advertisement, exedra. America claims to be out of money and needs help yet we are supplying millions of dollars to people who don’t deserve
Online distribution of music accounts for 80% of the industry revenue, which is estimated to be an industry whole of $5.34 billion by 2012 fall (Demery 2008). The introduction of online music distribution has revolutionised the music industry and digital revenues have rose to £166 million. A more threatening side of music downloads has been the emergence of file sharing and piracy that has recently arisen, which is freely accessible to download without payment required. The international federation of phonographic industry states 95% of all music downloads are sourced unlawfully (Rogers, 2009). Regrettably, MP3 files are not secure and once someone has acquired a file nothing stops them from making other copies from it.