Alot of fuss about nothing?

In recent years, big companys in film (Disney) and big companys in music (Universal) have been in uproar about film and music copying over the internet. These companies believe that sharing music and films over the internet is causing the industries major damage and they are attempting to stop it. Unfortunatly for them, there is not much about what they are doing that is actually illegal. Basically they are breaking copyright laws, but there isnt much these companies can do as copying and sharing over the internet has grown out of control. itunes, Limewire and Kazaa and among the top compaines involved. Companies like Universal are claiming that the music industry itself is in jepardy. But alot of people are saying these companies are making alot of fuss about nothing. Basically the same thing happened when VHS came out. Companies where in uproar saying that VHS would ruin the industry then, which it didnt. Sure people where taping off the television, but the companies where getting in on the profit too, by selling official videos. The same thing will happen now, people still buy official CD's and DVD's, so that they have a physical product, these companies are just worried there profit might dip like half a percent, I feel its a lot of fuss about nothing.