File Sharing and the Music Biz

Does file-sharing hurt the music biz?
From Ars Technica
9/26/2006 12:44:05 PM, by Nate Anderson

Excerpt: Will file-sharing be the savior or the slayer of the music industry? The industry is quite sure that it knows the answer, and it has been attempting to sue the file-sharing genie back into its bottle, with limited success. Defenders of sharing argue that it actually benefits the music industry by exposing people to more artists. But for a topic this controversial, file-sharing has received limited academic scrutiny. The entire debate is in need of some good empirical evidence, which is why Norbert Michel's recent paper in Topics in Economic Analysis & Policy is so intriguing.
http://arstechnica.com/news.ars/post/20060926-7832.html