Wednesday, August 18, 2010

U2 Band Manager: Piracy Has Made Tech Companies, ISPs Rich

Paul McGuiness says that the free content illegal file-sharing has made possible is part of an overall “commercial agenda of powerful technology and telecoms industries” who are making “vast profits” at the expense of copyright holders.

For years now Paul McGuiness, longtime band manager for the famed rock group U2, has argued that ISPs share in the blame for the damage illegal file-sharing has done to the music industry, and that more importantly, they’ve been rewarded handsomely over the years at the music industry’s expense.