"The Sony Walkman was invented in 1978, jump-starting the 80s, which some of us remember as the greatest decade in the history of music. Some of us were also on a lot of cocaine for pretty much the whole thing. There might be a relationship between the two clauses.
But it didn't take long before the music industry started claiming the loss of a (completely unverifiable) billion dollars a year from people taping their favorite tracks off the radio for free."
Read more: 5 Insane File Sharing Panics from Before the Internet | Cracked.com
http://www.cracked.com/article_18513...#ixzz1eqeNpcQB
theres some salty language in the article but it does prove a point, the arguments NEVER change. the same arguments today have been had since the invention of the printing press and recorded music. theres a new "this will be the death of...." every single time a new format is invented....yet every bloody time both the publishers and creators profit and thrive.