I think you'll find thats already covered by National Security Agencies:)
I do understand concerns over Copyright but also see complete Hypocrisy from Artists themselves. One UK based singer got signed and became famous on the back of her myspace blog and posting her demo's there. I am sure she was fine with having her work distrubuted which lead to a record deal. Yet just a couple of years later She critised Radiohead for allowing fans to download there album via the net and decide what to pay.