A Must Read by @thetrickness: The Digital Music Business and the Rashomon Effect

YouTube enables large scale theft in plain sight and benefits from it to the tune of billions of dollars. To hide behind the DMCA, to pay artists little or nothing in their legitimate deals they do offer and then have “Do The Right Thing” as a corporate motto is the ultimate irony. Vinyl revenue is bigger than YouTube revenue in the U.S. and U.K. — come on….The truth is, the music industry needs YouTube as much as YouTube needs music; nobody wants it shut down.

But we must speak truth to power. It is an obligation.