I don't think we will ever have a clear answer to whether or not DRM actually works. It simply isn't possible to set up a viable test.
That said....
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Originally Posted by KevinH
Your argument is very flawed. If it were true, then there would be no successful musicians/groups making any money. Yet they still do and lots of it.
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Revenues for the music industry have nose-dived in the past few years, and musicians are having a much tougher time making any money from recordings. Although there are numerous reasons for this, it's screamingly obvious that wide-spread copyright infringement is responsible a substantial chunk of those lost sales.
I concur that the "1 infringing download = 1 lost sale" is likely incorrect. But that hardly proves that "1 infringing download = 0 lost sales."
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Originally Posted by KevinH
If any publisher actually pushes the "license" versus "ownership" issue, they will soon get a very large class-action lawsuit filed against them for deceptive marketing/advertising....
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Uh, no.
With at least some ereading platforms, it's pretty clear you're dealing with some type of licensing situation. Read the EULAs one of these days.
Nor is there currently any evidence of price-fixing. It is not illegal for a single publisher to fix a price at a retail outlet -- as evidenced by things like the Apple App Store, Google Android Market, Smashwords, Amazon CreateSpace, all of which allow the developers / publishers to set prices.
Nor is there a single shred of evidence that the publishers collaborated in secret to set book prices with the intent of squashing smaller competitors. Rather, multiple
retailers -- including Google and Apple -- freely initiated, offered and accepted publisher pricing controls.