Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


NZ Spoiled For Choices To Access Legal Music

Media release MUSIC -1
01 February 2013

NZ Spoiled For Choices To Access Legal Music

A $616 fine delivered by the Copyright Tribunal would have bought the un-named file-sharing offender access to 20 million tracks on Spotify for four years.

Using the service users can access unlimited music streams, download and store tracks for offline use on multiple devices for just $3 per week.

“There are actually 20 different services available for New Zealanders including world leading brands i-tunes, Spotify and Pandora, as well as local icons Marbecks Digital and Amplifier. With several of these services having free options it makes no sense to illegally file-share and risk a fine”, a spokesman for RIANZ says.

The Copyright Tribunal’s decision is the first under file-sharing laws enabling copyright holders to issue notices to people it believes are illegally sharing copyright content.

RIANZ said it had worked hard to bring the best international services to New Zealand to provide access to music in ways that met consumer expectations.

“Hopefully this Tribunal decision will encourage New Zealanders to explore all the amazing options open to them in the world of legal music consumption”, RIANZ says.

Internet analytics company comScore says peer-to-peer file sharing activity fell by 15 per cent in the 10 months after the copyright legislation was introduced in September 2011.

RIANZ says wholesale revenue from recorded music sold in New Zealand dropped by 50 per cent in the past decade. It says there is a strong correlation between illegal file sharing and falling music industry revenues.

“The costs of discovering, nurturing and promoting new acts haven’t changed just because music has gone online. The loss of revenue caused by illegal file sharing directly affects the record label’s ability to invest in artists,” RIANZ says.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news