Not yet time for record labels to be smug about the end of piracy

There is an increasingly smug feeling among the big record companies and their various agents, that has been brought about by the supposed demise of music piracy.
There are three related important points to establish about music piracy. Firstly it is illegal and also morally wrong to obtain copies of music or film or other entertainment without some form of payment. Secondly the process has been stimulated by the perception that record companies neither have the interests of the artists at heart, and they have in the past made huge profits by overpricing music.

Thirdly music companies have been slow to realize that digital music requires a rights regime that allows various personal copies of music to be moved between different personal types of players.

Quite simply, young people would rather break a law than pay the current prices, and certainly break the law to copy tracks they have already bought for one player, which won’t play on another. 
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