http://www.theregister.co.uk/2009/11/01/demos_music_survey/
So getting to page two they note that the survey results suggest rather than cutting people off for file sharing you should charge them a £30 fine each month.
Brilliant.
The media industry just got customers for no infrastructure cost and a regular stream of income. Cutting people off or suing a few for £200,000 has done nothing, they surely never see that money.
There will always be hardcore pirates but the few that are borderline will be converted into monthly paying customers.