I think a flat-fee, music-sharing licence is a good idea. The great thing about this idea is that the music industry know exactly what was downloaded, who's selling the most in real time, and what the public is actually listening to. Even more important, you might capture some of that 30-40something market. In addition, the ARTSIST can look at the same statistics to see what they should be paid. And the public can see what's popular. Too bad the RIAA sued Napster out of existance, who had a centralized server, and all filesharing has gone decentrilized since then.
What part of opportunity don't they understand?