Why is Digital Rights Management Vital for Digital Assets?

Media Entertainment Tech Outlook | Saturday, February 19, 2022

Digital rights management offers various advantages to authors, corporations, and individuals who own copyrights.

FREMONT, CA: Digital rights holders are vulnerable to the unauthorized resale and distribution of credentials that grant access to their copyright-protected content. Typically, this has severe commercial consequences for companies and copyright holders. The scale of the problem is demonstrated by the fact that, according to the US Chamber of Commerce, online piracy costs the US economy more than $30 billion annually.

Digital rights management (DRM) protects digital assets such as ebooks, software, and other copyright-protected works from being duplicated, modified, or even rebranded and resold.

In addition to traditional copyright legislation, DRM entails various methods for protecting copyrighted digital media. DRM restricts access to protected material by technological means to prevent unauthorized duplication, modification, and dissemination. It helps publishers and content creators to maintain control over the uses paid consumers make of their content.

DRM can also actively detect and remove unlawful sharing and the resale of login credentials for digital goods such as software and ebooks. This DRM method may detect and eliminate the illicit sharing and reselling of credentials on multiple platforms, including marketplaces, standalone websites, and social media sites.

In the decentralized online environment of the present day, sharing digital data has never been simpler. Many users believe that content should be provided for free or that file duplication is not theft. However, every unauthorized copy of digital information or software is theft and costs the copyright holder sales.

Digital piracy manifests itself in numerous ways. It can be as simple as copying digital content purchased by a friend, such as ebooks, music, films, or software. Others routinely benefit from selling copied files, software, and login credentials.

Pirated works can be found on various platforms, including streaming sites, peer-to-peer networks, cloud services, and auction sites. In addition, cybercriminals provide authentication credentials and activation keys to access digital assets. Digital piracy impacts the authors and sellers of original products and the end-users, as illegal versions of movies and software frequently carry malware.

DRM provides businesses and copyright holders a means to avoid the concerns described. In the following sections, we shall examine the merits of DRM and its various implementations in further detail.