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Downloading copyrighted material is stealing. Then again, jacking up prices because you own all of the distribution channels for music is not any better.
Record labels are fighting for their existence. Their problem is that their entire business model is about controlling the supply chain and promotion outlet of music so that artists and music customers have to go through them to access each other.
The record labels have grown fat off of high margins on CD sales and are cranky because we don't need CDs any more (or any physical thing you can put a label on). They saw it coming years ago, but because they're so fat they couldn't (or wouldn't) move in time to save thier a$$es.
Filing law suits against their best potential customers is not going to do them much good.
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