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A lawsuit against The Pirate Bay is a good idea in principle, but I doubt he'll achieve much with it. Others have tried, after all, without much success. To shut down TPB, he'd need to convince the Swedish government to take action.
As for the lawsuit against YouTube... that's just dumb. For musicians, YouTube is awesome. People get to hear their music, but they can't burn it to CD, can't play it on mp3 players and can't put it in useful playlists. So it's free viral advertising, without people actually acquiring the music.
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