Whiney EFF and RIAA knocked by digital license go ahead | The Register :

Under a blanket (or ‘compulsory’ license) for consumer downloads, record labels fear they would lose control of their hard-fought grip on physical distribution channels, and lose control over pricing. In fact, they’d simply have to work harder to gain a bigger share of the pie, and innovate to find new outlets for their copyrighted material.

A bit old by now but this one speaks for itself. Michael Geist always has interesting things to say about these.