Is Grooveshark Just As Bad As The Music Industry?

One band's attempt to remove their music from the music-sharing site hasn't gone well. Tom Hawking's conclusion:

Running rough-shod over musicians’ rights in the name of profit is something that record companies have been doing for years, and part of the justification of the whole liberation of music from such companies’ grasp is that it ultimately gives artists more avenues for the distribution of their music. If all it means is that they’re going to get screwed over by a whole new bunch of besuited profiteers… well, that’s awfully depressing, isn’t it?

Even though a Swedish study pointed to reduced music piracy levels after streaming sites like Spotify debuted, it may not be enough to buoy the industry:

[T]he payouts received by labels and artists from Spotify and similar services is tiny compared to what they make off of digital downloads and album sales. A handful of small indie labels have pulled their catalog from these services out of concern that the streaming model is not economically viable for them.