Good read.
It doesn't surprise me at all, but they are still coming across with the view that every one of these downloads is a "lost sale" and consequently is a "big problem".
The artist most downloaded here, i've never heard of
Its a shame music isn't 75% cheaper.
They say that we should buy music to allow innovation of new music. But if you're hard up, as many of us are, you buy some music, they innovate, you can barely afford to benefit from the new music, the cost is simply too high for a business with so many competing artists competing for sales. Drop the price, increase sales, increase entertainment, and still get the funding to make new music. (I am not suggesting that a person would then buy 4 times as much music if the content was 75% cheaper, rather that 4 times as many people would buy.)