P2P: The new FM

The Recording Industry Association of America (RIAA) is so distressed that people are downloading music without paying for it that they have adopted the intriguing tactic of suing their customers. It’s the only way, they insist, they can persuade people to abandon the copyright infringement inherent in grabbing music from peer-to-peer (P2P) networks like Kazaa. The RIAA estimates file sharing has cost the industry millions of dollars.

The numbers are bogus. It’s easy to estimate the number of files downloaded and multiply by what the downloader would have spent to buy the same music. But it doesn’t account for all the people who… Read More »

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