54mc writes "The IFPI, an international recording industry organization, has released a list of Ten "Inconvenient Truths" of file sharing. Though the group has a vested interest, it's still an interesting read as it tears apart some of the most common arguments in favor of file sharing. Ars Technica follows up with a more thorough explanation of some of the points. 'Point five is an attempt to turn the "innovation" argument on its head. For years, pundits outside the music industry have accused labels of pandering to teens through boy bands and "manufactured" celebrities instead of being concerned with finding, producing, and releasing art. The IFPI suggests that the labels could (and would) be doing exactly that if file-swapping went away. And then there's point seven, which isn't an "inconvenient truth" at all but more of a rant against those who prefer giving copyright holders less than absolute control over reproduction rights. An "anti-copyright movement" does exist, but most of the critical voices in the debate recognize the value of copyright--and actually produce copyrighted works themselves (Lawrence Lessig, etc.).'"