Identify the IP rights that are owned by an organization. Explain which intellectual property appears the most difficult for a business owner to protect. Provide support for your answer.
Digital music ranks as one of the top ten properties virtually impossible to protect. A legally downloaded digital track can be copied multiple times. An original compact disk purchased from a record store can be borrowed by friends and copied onto desktop and mobile computers. All these scenarios do not bring revenues to record companies.
Only 5% of the music acquired online is purchased legitimately, Gizmodo (2012) reports.
Consider these statistics provided by Infographics (2012) and Kiwi (2012):
-A study in October 2010 found out that ...
The solution discusses intellectual property rights possessed by an organization. It lists digital music as one of the top ten properties virtually impossible to protect.