[Will88]

So what if those services are legal? About half the revenue of the music industry has been lost in the past ten years. But it is not legal to download copyrighted music from youtube and possess it. And there are almost limitless ways people can copy music from many sources without paying.

You just pretend that the lost billions are still there for the music industry’s taking, but they’re just too lazy and/or dumb to use the technology and recoup six or seven billion in lost annual revenue.

What you’re saying is beyond ridiculous.

[SamAdams76]

Music was being copied on a massive scale way before the Internet. Billions of blank cassette tapes were sold during the 1970s. You think consumers were using those to tape themselves talking?

So half the revenue of the music industry has been lost? So what. It simply got transferred to the innovators who provided a better alternative to obtaining music on an overpriced piece of plastic (the compact disc).

The music industry snoozed. Their loss.