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Originally Posted by NatCh
Personally, I think it's more likely that a lot (okay, a lotta lots) of folks are sampling the dubiously free content, but then subsequently paying for content from artists they like (both from honesty, and from a desire to see more offerings from those artists). That would seem to better explain both the widespread file 'sharing' phenomenon and the rise in music revenues.
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I'd agree there... traditionally, that's the natural result of sharing, whether it's music, movies, or books. It's the act of spreading the word that gets people out to the stores, to buy that artist they just discovered (the business model of radio, and the business benefit end of the public library system). The more sharing, the more people discover an artist, and go buy their works.
That's a major reason why DRM works against the proliferation of e-books, and for that matter, books in general. When you can't share, you can't turn on new readers, and they don't buy books.