For years the top record label executives have been claiming that it’s impossible to compete with free, but YouTube is proving them wrong. With billions of views every month the major record labels are making millions by sharing their music for free. For many people YouTube takes away the incentive to ‘pirate,’ but at the same time it may also cannibalise legal music sales.
Whichever way you look at it, this issue of music piracy is a long and complex one that is not going to be solved in a hurry.
Personally I agree with the article, what are your thoughts?