I don't get it. What do they think they are accomplishing?
Will this stop anyone who already downloads music from doing it? I highly doubt it. Will they sell more CDs? No. Will the 1.5 million dollars or whatever make a difference to a big organisation like that, considering the time and resources it would have chewed up, and the bad press they receive for it? Unlikely.
The music industry needs to adapt, people WILL download music, deal with it, start adjusting your business model to deal with it instead of trying to dismiss the internet as a passing fad.
I download music/movies/videogames, quite often, I also listen to it on youtube. That being said, I also have probably a thousand dollars worth of CDs and Vinyl with ease, and probably another thousand in movies, and god knows how much in videogames.
It didn't stop me from purchasing the media, in fact it made me purchase the media. Had I not downloaded it, id have probably never bothered to go out and buy it. I don't agree that "Piracy" is necessarily "Right", but it certainly has its place. I just spent $150 on a festival ticket, because a band is playing there that I have listened to on the internet.
In my opinion, its not far removed from listening to the radio, taping songs off the radio, or burrowing CDs from a friend. Just because I didn't pay for the CD, doesn't mean I won't buy the T-Shirt, nor does it mean I won't buy the CD at a later date.
If the music being produced by these big record labels was actually worth buying, id go out and buy it (as it stands, I wouldn't download it if you paid me). Yet they even make it difficult for you to do that. The new Warpaint album came out October 25th. I had it ordered a week early and I STILL don't have it! If new music was being released, that was good, and the albums were on the shelves the day it came out, I, and many other people, would be happy to buy them.
As it stands, the companies are not making their bread and butter off new music, they are still holding onto the copyright of old Led Zep albums and selling best of collections. Thats just not right in my opinion, music that was released more than 10 years ago should be free for everyone.
I hope you will excuse this rather directionless rant, however its early, and keeping me from my breakfast, so i'll just post it and we'll see where it goes