If such sharing system can have 10 million users I don't see any long-term concern for current or future copyright holders or artists. It's just a new type of distribution system for their works. Over time, media companies which sign in artists or distributors of software will adapt and a new way of collecting revenue will surface - for example - ad banners, premium services for pay etc. which will be offered to them from pirate bay for exchange of their copyrighted works.
Slashdot Mirror
If such sharing system can have 10 million users I don't see any long-term concern for current or future copyright holders or artists. It's just a new type of distribution system for their works. Over time, media companies which sign in artists or distributors of software will adapt and a new way of collecting revenue will surface - for example - ad banners, premium services for pay etc. which will be offered to them from pirate bay for exchange of their copyrighted works.