Stuck in the past...
1 HMG (dinosaur No. 1) makes a mess of legislation concerning what is now essentially an IT/technology related problem. No surprises here then.
2 The music industry (dinosaur No. 2) has a sales and marketing model largely unchanged from the days of vinyl, and appears unable to realise that the outside world has left them far behind. In spite of the arrival - and departure - of the tape recorder, they still have not grasped the need to change. Since tape, copying has always been easy and is most likely to remain so.
3 Innovative groups and artists (today's velociraptors?) are now publishing their own material directly, bypassing the "traditional" channels. This recognises the reality of copying and accounts for it from the get go. And is bad news for big music.
I suspect that by the time/if the two dinosaurs actually do reach agreement (geological time, perhaps?), the copyright question will probably have ceased to be relevant, and everyone else will have simply moved on.