"The most immediate revelation, of course, is that at some point next year revenues from gigs payable to artists will for the first time overtake revenues accrued by labels from sales of recorded music."

Obama's always been silent about copyright and bootlegging, but Biden's been, apparently, quite the industry advocate and technology ignoramus.

How the two astronomical numbers most often thrown out by the intellectual property lobby are utterly bogus. Interesting: "When someone torrents a $12 album that they would have otherwise purchased, the record industry loses $12, to be sure. But that doesn't mean that $12 has magically vanished from the economy. On the contrary: someone has gotten the value of the album and still has $12 to spend somewhere else."