I think one of the big problems is that software and music are thrown in the same bin.
Being a musician myself (allthough I don't live of it), I can only agree with Tony: Distribution labeles are becoming superfluous. You don't make big bucks with CDs anymore nowadays (the Artists not at all. if you get 50 cents as a WHOLE BAND per CD sold, that's a good price). Now, small labeles have recognised this and have changed course: They have majorly switched to being marketers and concert organisators. Becuase concerts are where a musician and the label get the bucks nowadays. You put a CD of your Band in the back and do a good gig, at least 30% of the listeners will buy it, even if they allready have a pirated version at home. The system works well, allthough it is still hard for a musician to live of his music (but it allways was).
The big-market labels can't make that change too easily. They're whole infrastructure, which is huge, is directed towards distribution which is effectively made obsolete by the internet. It's clear that they're trying everything to fight this, but if they hold on to it too long they will go the way of the dinosaurs.
As for a copyright regulation on music, I go for the following: Sell CD's, because people do and allways will want a hard copy of something they love. with a nice booklet, a few gimmicks etc. Everything that lands on the net is for the take: You don't deliver matter, and in the end only zeroes and ones, so you don't get money for it. Period. the logical consequense is, concert prices go up (and they do), because everyone wants to go to a concert of a band that he loves. And they will most probably buy one or two CDs there. That's the way it works in the underground currently, that's probably the way it will work in the big buisness too some day.
Now for software, it is an utterly different matter, and one I am not really competent in. But the "software as a service" model seems to be sensible. Applying that to music, however, is absurd. You don't get any patches for your songs, and the only service you need is a concert that rocks...
For movies, it's similiar to music. Just that I have to say, for fairness, that recreating the Cinema experience at home is possible nowadays, so they can't just compensate their sale losses by increasing cinema prices. Unless they offer something new, like currently happens with 3d (finally, Science fiction coming true once more). But I agree that they have a tougher job than concert organisators. You just can't have a concert at home, never...
But one thing I've been asking myself: What's that with the DVD delay? why not sell the DvD's right in the cinema? in a closed area in the exit, where only people will pass that were actually inside watching a movie. I mean, if the movie was good, would'nt you buy a copy right there?