Money and (Musical) Talent?

Plan to extend copyright on pop classics – Sunday Times – Times Online
They justify the move by saying that the industry needs money to “find talent?” Wow! What have music fans been doing through MP3 exchanges, Podcasts, shows, festivals, etc.? Plus, how do you define talent, in this context? It seems to be “the ability to generate record sales” as opposed to any specific musical ability, whether inborn or learned.
Weird.
These people (the recording industry) really have a peculiar perspective on music. They will transform themselves eventually. But in the meantime, they seem to react pretty badly to changes in the world of music.

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