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It depends. If you go by the letter of the law you'd be surprised at what you *don't* "own." But just considering the spirit, if you download a song that you didn't pay for, then you are stealing from the artist and everyone else that was involved in the production unless they put it out there for free. Same thing with movies and other content. You might as well just break into the artist's house and take their stuff - pretty much the same thing.
Just because "everyone is doing it" doesn't make it right.
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