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Vinyl records outsell CDs for the second year running
(www.theverge.com)
This is a most excellent place for technology news and articles.
You don’t own the music you license through iTunes though.
You don't own the music you buy on a CD either. You are buying a license to the music and physical storage of it. If you want you can burn your iTunes songs on a CD and you're in the same situation.
You own a copy of a copyrighted material. The copy is yours. No DRM, no remotely removing your ability to use it.
You own your own hard drive. That copy of an iTunes song is yours. No DRM, no remotely removing your ability to use it.
Yet.