The problem with biased analysis (like this article) is that it never gives you a clear picture. I think we all know the music industry inflates their numbers drastically to make the problem of music downloads appear worse than it is. But the Norwegian study that says those who download music are 10 times more likely to spend money on music is also pretty easy to debunk (the sample size alone is enough reason to discredit it)

In the end I think the music industry is losing money not because of pirates but because their market has evolved. Now people can buy the one good song on an album and leave the rest behind (which cuts 90% of the record company’s revenue). That alone explains their losses. But they’re clearly in denial about it and looking for a bad guy. Music piracy fits the bill.

So imho most of the anti-piracy rhetoric is just label execs hoping there’s a solution to their revenue problem (e.g. "if we just stop the pirates our revenue will go back up")