There is a real story embedded in the good report from Andrew Edgecliffe Johnson (Financial Times). The music industry in Britain commissioned a study from the PRS' chief economist, Will Page. The report is not available online, at this point, but the report suggests that one of the recommendations is to capture some income (rather than punishing pirates) by licensing file-sharing websites. Makes sense but it means that there will still be millions of dollars "lost" to the pirates.
In any case, it's better to make some money than no money, right? Thanks to the Financial Times for getting this news on the web. When will the report (or an executive summary) make it online?
http://www.ft.com/cms/s/0/763fb67e-61bb-11dd-af94-000077b07658.html?nclick_check=1
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