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Do you object to paying artists for work that is rightfully theirs? Do you think, that because, with a flick of a key, you can copy that media, that the work is free?
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Most artists get very little of their overall income from album sales. The majority comes from merchandising and concert ticket sales ($25-$50 x 8,000-20,000 people = income), album sales is more of a liability than an income source. Tickets for Led Zeppelin's reunion tour in the US are going for $150 to $250 per, no album required...
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I have read the link and understand the situation fully. The MPAA are fully entitled to use US law in order to enforce their copyrights even if you disagree with it on principle.
I don't really see what the problem is. Intellectual copyright theft is illegal and therefore it's somewhat inevitable that sites that facilitate this will get targeted by the relevant judicial systems.
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The problem is how the US judicial system is attempting to control independent governments and commercial entities that are not under US jurisdiction. AllMP3.com (that Russian website) got in trouble mostly because the Record companies were getting absolutely zero kickback, compared to other websites that were giving a small percentage. I still think that they had no right pressuring the country of Russia with trade restrictions and shutting the site down like they did, since it is under the laws of another national government; but they got away with it and no one seem to care too much. The Record companies will just keep pushing until some organizatoin decides they have stepped too far and stands up for themselves and their rights as an independent commercial entity under laws separate the US judicial system.
This problem has been going on for some time now, as radio-recorded mixtapes used to be viewed as thievery by record companies, so I don't see this issue going away anytime soon.