If you’re going to try to spin a story, a little more thought into the underlying concepts might be in order. Particularly since, IMHO, the music industry’s current problems have only been revealed by technological developments rather than caused by them [via Machinist]: Silicon Valley’s hippy values ‘killing music industry’pdf

U2’s manager yesterday called on artists to join him in forcing the “hippy” technology and internet executives he blames for the collapse of the music industry to help save it.

Paul McGuinness, who has plotted the rise of the Irish group over 30 years, said technology gurus in Silicon Valley such as Apple’s Steve Jobs and Microsoft’s Bill Gates had profited from rampant online piracy without doing anything to stop it.

“I suggest we shift the focus of moral pressure away from the individual P2P [peer to peer] thief and on to the multibillion dollar industries that benefit from these tiny crimes,” he said.

See also this FT article echoing the currrent IFPI (and AT&T) position: U2 manager urges ISPs to help fight web piracypdf

Also, related: Music executive: business is not so bad, actually (pdf) and Music industry finds the solution to its pirate troubles – give everything away (pdf)