sharke
I very much doubt whether many people are building themselves a vast music collection from downloading YouTube videos. It's just not convenient. They may be downloading the odd video because they like the visuals, or because it's a rare recording or bootleg performance which isn't available anywhere else, but I very much doubt that it's cutting into anyone's profits. Record companies are starting to make quite a chunk of change from YouTube, either from Red subscribers or ads on videos.
Exactly.
From personal experience, I'd even take it a step further James. Call me old school, but I like having my music on 'physical' media - CDs, DVDs and Blu-rays - and I've ended up buying a hell of a lot of music in these formats simply
because I've listened to tracks on sites like Grooveshark or (the free version of) Spotify, or watched music videos on YouTube.
To me, I see these websites as the modern day equivalent of the old-style listening booths in record shops where you could preview part of an LP before deciding to buy it or not.
I'm sure record companies know exactly what they're doing in this respect by appearing to 'look the other way' to copyright infringements.