
Like hell it's not.
Technological advances are making their business model irrelevant. They're grasping at straws because they are only interested in milking out as much money as they can, not because they are concerned about their "artists". Their claims that free music has harmed the careers of their "artists" has been shown to be complete
bunk (filesharing does not reduce CD sales), but that's not stopping them because most of the money goes in THEIR pockets,
not the artists'. For ◊◊◊◊'s sake, they claim that backing up your own CDs is not fair use!