Part 1 of 2
By Mary Yurkovic | November 09, 2012
With improvements in streaming media and compression technology, digital music, images, videos, books and games can be distributed instantaneously across the Internet to end-users. Many digital service providers and individual creators of content are monetizing their content by having it in digital formats (of course) and selling it online. However, without protection and management of digital rights, digital content can be easily copied, altered, and distributed to a large number of recipients, which could cause a huge revenue loss to media companies and individuals alike. For example, Sony (the world's second-largest consumer electronics maker) has blamed digital piracy for eroding profit at its music business, which in 2011 posted a loss of approximately 10.3 billion yen ($160 million).