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Yup, the spreading and shareing of live sets is just as illegal as shareing other MP3's
The majority of them are covered by artist and label copyrights just as every other track is, some of the tracks played wont be covered as they will be Promo's but the majority will be.
Copyrights are paid for at live gigs by the club or DJ spinning them, and this is covered by ticket sales.
in some cases of course the record companies rely on DJ's spinning their stuff to promote tracks, but they still own the copyright and its still illegal for them to be copied and spread as MP3.
because there is so little control over MP3, the record companies hate them. all they see is MP3 is a way of pirateing their music and they dont see the bigger picture that MP3 is a massive way of promoting music.
A lot of MP3's generate sales,but piracy has and always will be a problem, just that MP3 is the most prolific at the minute so it will be the biggest target.
before CD, ppl used to copy vinyl to tape and then sell on / distribute those tapes.
then of course with CD and the ability to burn to CDr the problem got worse but harder to police, now with MP3 and the internet they can police it to a certain extent by checking what websites are hosting MP3.
they can use legal ways of closing these websites.
They will never kill off MP3 cos its too big, but they see it as making our lives harder by stopping known sites hosting MP3.
the closure of Napster was a huge victory for the record companies.
Think about this, since napster closed or had major filters how many ppl cant get tracks cos they dont know how to use FTP or other file sharing programs, that stopped a lot of MP3's spreading over the net.
All that will happen is the sharing of MP3 will go further underground making them less available to the masses but those that have some intelligence and know how to use the Net will always be able to get the Mp3's.
**steps off soap box now **
Peace 
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