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Reza Ahmed Ridwan (ZR 04) Sheikh Shehab Sadik (ZR 24) Naimul Khalid Riaz (ZR 37)

Mazharul Islam Bin Towhid (ZR 89)

dictionary meaning- hijacking


also plagiarizing

universal context- to make illegal

copy of an album for commercial use

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Pirate recordings- Only the sound Counterfeit recordings- remixing Full song without permission/rerecording with a counterfeit label Bootleg recordings (or underground recordings) -of live concerts or musical broadcasts on radio or television Online piracy- Free Download from websites and P2P

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Industrial piracy- without original companys permission


The Copyright Infringement Piracypassing on as their own 'creation'

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losses of Taka 5 Million per year 90-95% are pirated sales intellectual property theft is a thriving billion-dollar industry 10 major recording companies have folded in 5 years mobile phone companies routinely use songs as ringtones without paying royalties

Audio market failure in Bangladesh


lack of proper legislation & enforcement of existing laws Very few customers can tell the difference between an original and a pirated copy pirated products are just returned back to the traders even if they are handed over to police Many popular musicians/bands have stopped publishing their albums. So, audio industry has turned a great failure our country

retail stores have computers to fake CDs Ignorant society blank CDs are frequently imported. no import tax considering 'Computer Accessories 4) Popular sites like YouTube are allowing to illegally upload music videos
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Young generations don't mind compressing the sound quality as mp3 No proper contract between a music company and an artiste FREE download. So who will buy CDs?

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governments lose millions of tax revenues economies are deprived of new investment consumers get deprived of superior sound quality, artwork & information. Also the shortcut savings drive up the costs of legitimate product producers lose. 85% recordings dont even cover costs. So profitable 15% subsidize less profitable music & cover costs of developing new artists

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Honest retailers lose because they cant compete with the prices offered by illegal vendors Also music pirates who have to pay the fines. most importantly creative artists lose. 95% depend on it to make a living. Their reputations are damaged by inferior pirated copies

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Create an organization where an artiste must register The government should subsidize to build its own production house Air the unreleased tracks in radio after paying royalty strict regulations so that the artistes get fees every time the songs are played

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Fix a standard amount of royalty The lotteries/quiz contests can declare the CDs as prizes to promote sales CDs can also offer free tickets to the live concerts Sponsors can advertise their products through CDs

Recommendations
Raise public awareness 10) Radio stations should contract with artistes to play their songs exclusively 11) Mobile operators should release audio albums first. This benefits both artistes & operators 12) Legal websites should be introduced to sell music through credit cards
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So, piracy should be stopped to ensure turning a failed market to a successful one

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