Posted May 12th, 2006 @ 08:38am by Erik J. Barzeski
I don't think enough people know this, so I'm pointing it out: it's perfectly legal to let your friend borrow a CD so that they can make a copy of it (or to give them a copy yourself), so long as you don't sell the music (that'd be "financial gain"). As clarified here:
Under the old way of thinking about things, copying your CD and carrying the copy around with you to play in your car, in your Walkman, or in your cassette deck at work is legal. Borrowing a music CD and making a copy on some other medium for your personal use is legal. Recording music from the radio; maxing different recorded tracks for a ‘party tape,’ and making a copy of one of your CDs for your next-door neighbor are, similarly, all lawful acts. The copyright law says so: section 1008 of the copyright statute provides that consumers may make non-commercial copies of recorded music without liability. Many people seem not to know this any more.
Don't let the RIAA fool you. Know your rights and the laws.