Piercing the peer–to–peer myths

First Monday
"Following years of lobbying by CRIA, a new reality is only now coming to light — music downloading is not responsible for the ills of the music industry and Canadian artists have not been harmed by the sales declines that have occurred over the past five years. Although faced with significant pressure to reform Canadian copyright law, it is increasingly apparent that the industry’s ills are not the result of peer–to–peer downloading. Moreover, the Canadian experience with private copying suggests that a levy system may provide an effective alternative to adequately compensate artists for lost royalties that may occur due to the current popularity of file sharing services."

Read this. Say no more.