A lot of this legislation will be moot for a lot of people soon. These types of laws are tailor made by and for the big media companies and conglomerates. They’re building wall after wall of defense around their media. However, there are PLENTY of bands, film makers, artists, etc who are turning around and releasing their work outside of those channels now. It used to be just a handful of artists using the net, but now you’ve got Radiohead and NIN releasing whole albums for free, and there are dozens of websites specifically designed for bands to make their music available to everyone for free. I see no reason why sites like Vimeo and Youtube couldn’t be a platform for legitimate release of feature length indie films.
The best way to combat bills like this is to cirvumvent them entirely. I, for one, have all but stopped buying and listening to music produced by major record labels. There are a few bands I still follow, but the majority of music I listen to is available legally for free on the net. I’ve tried to cut back on the amount of Hollywood I intake as well, but the difficulties of funding and producing a feature length film put the indie film maker at a huge disadvantage. The growth of opensource tools and skilled users of those tools - like Blender, for instance - is starting to allow the indie filmmaker an avenue for the same sort of effects and production tools that the bigger studios use. We will probably see films that are just as slick as the current hollywood films coming from indie filmmakers in a decade or two, and from budgets that are miniscule compared to current budgets.
I dunno about everyone else, but I am going to make an attempt to completely stop indulging in this sort of commercial media. From now on it’s open-source, freeware, creative commons or any indie artist who is producing and selling a product on their own. This way I can ensure that 100% of the money goes to the artists who deserve it and not to some board of executives.
Stop pirating games, movies and music. Just stop indulging in all of that crap entirely. 90% of it is all garbage anyway. Almost all the music on the radio is garbage. Almost all the modern games are shovelware. Almost all movies are shallow, soulless dreck that caters to the lowest common denominator. We’re better than this.