@Jack79: Oh, I understand that there are hidden benefits, even for the artists, to things like downloading music. It’s been pretty conclusively shown that downloads don’t hurt CD sales in any material way, and there seems to be some evidence that songs that are widely available for download serve the same purpose as radio play.
My problem here is that I think the basic philosophy of copyright—that an artist should have the right to determine what gets done with his or her creations, in order to profit from them—is a sound one. Yes, I think the length of copyright is ridiculous, especially in the case of corporate “authors” where the work is effectively permanently under copyright, and I think there are definite places where the copyright law can be improved, such as expanding fair use in the area of out-of-print and difficult to obtain works, but I think the basic philosophy is sound.
I also think the record companies are, for the most part, perfect examples of evil money-grubbing capitalist empire builders. In the days when recording was difficult and producing and distributing records was expensive, they served a valuable purpose. Now that people can set up a decent home recording studio for a couple thousand dollars, master recordings on commodity computer hardware, and distribute recordings digitally over the Internet, the only services the record companies really provide are marketing and rights management.
So I think the major record companies are, for the most part, evil; and I think they ought to be encouraged to wither and die. But because I think copyright is a good thing, I don’t think that weakening it is a good thing. So the way I’d like to see them go is by becoming increasingly irrelevant, which means more Magnatunes and more artist-owned and cooperative record labels.
(And as I think that the majority of people out there do buy music because MTV and the radio told them to, and I think that as long as that happens, the record companies won’t go away. But that’s OK, as long as they’re not the only way to get music. And, at the moment, they aren’t, and that shows no signs of changing.)