Rightsholders keep pushing the fact that we're buying a personal use license to the media when we buy a CD/DVD/etc, so why is making a mere copy for personal use unlawful in any way?
You can't have it both ways, greedy bastards.
I'm more struggling with the fact that in the day and age of streaming music and humans walking around with devices that hold thousands of songs that physical media is still seen as this much of a issue.
Shit, the industry itself will likely abandon the pressing of physical media within the next decade. What does it fucking matter?
There's a simple solution. Artists, prepare to give away your music for free, or ask for a nominal DRM-free fee (ala Louis C.K. model) You and your promoters can and will still make plenty of money off other promotions and tours, and we can eliminate this bullshit argument of loss of revenue due to ripping.
If they don't like this idea, then fuck 'em. They're not going to eliminate what they deem as illegal music distribution. Hell, they practically support it today with YouTube, which is where I go to listen to a song and download it for free. The posting of entire albums there makes me think they really don't care all that much, so have fun arguing over a tax on media that won't generate shit in return.