Josh Tanz
The music industry has seen vast changes since 2000. Album sales have dropped precipitously year over year while both legal and illegal online music downloads have skyrocketed. Apple’s iTunes store has sold over 6 billion songs while the Recording Industry Association of America (RIAA) has sued over 35,000 illegal music content distributors.

In the last month, though, the music industry has entered a new era. Beginning December 19th the RIAA stopped issuing new lawsuits. On January 6th, Apple announced it will allow unlimited copying of their files. Essentially, …