For this to be similar, you'd have to make a distinction between someone copying music bit by bit and distributing the original file, vs someone making a COVER recording of a famous song (no matter how accurate), and distributing that for free.
No matter how much RIAA and MPAA would like to change it, recording covers for existing music, I believe, is fully supported culturally and legally.
> recording covers for existing music, I believe, is fully supported culturally and legally.
Yes, so long as the correct licences are paid. If it's a live cover the venue will be paying licence fees and if it's a recorded cover the band will need licence as soon as they start distributing it.
No matter how much RIAA and MPAA would like to change it, recording covers for existing music, I believe, is fully supported culturally and legally.