Los Angeles – A Finland-based record label has announced that
it will cease signing new artists until "our politicians have stopped the
P2P sites," TorrentFreak reported. "We are NOT able to sign more
artists. No demos or masters you send us will be considered for release,"
reads a note on Lion Music’s website. "The illegal file sharing on the net
is killing independent music…Our demo policy will not change before our
politicians have stopped the P2P sites. Illegal file sharing is not just about
stealing from rich major companies. It is about killing independent music and
making it impossible for many great musicians to have a chance to release
albums and have a musical career even as a part time job."