Youtube and MySpace have to pay millions to the record industry

Record companies like Universal, who first use myspace or youtube for free promotional space for bands now demand millions for ‘potential’ losses.

My message to those Record Companies: first make sure you have your ‘masters’ proper stored and make sure the CD you release is properly mastered. What can I do when I feel ripped-off when hearing a vinyl copy on a CD? Without fans you were even not able to release music in utmost best quality because you (the record companies) cannot find where the original master is. So is it only about the ‘copyrights’? or can we as buyers also ask you to give us proper material?