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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1710 |
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These files are compressed wave (.wav) files. The advantage of MP3 files is that they are approximately one-tenth the size of the corresponding .wav file and can be close-to-CD-quality. It is for this reason that many artists, record labels and other music industry stakeholders are concerned by the MP3 file format and applications like Napster that simplify the sharing of copyrighted material...
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It is for this reason that many artists, record labels and other music industry stakeholders are concerned by the MP3 file format and applications like Napster that simplify the sharing of copyrighted material. Other file formats commonly used on the Internet were not as threatening to the recording industry; primarily due to the reduced quality of the recording...
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