Downloading doesnt hurt artists?

Matt Embree;

"The fact of the matter is if you download music from an independent artist, you are taking anywhere between 5 and 8 dollars from that artist. If you steal it from an artist on a major label, you're taking like 10 cents to a dollar, and the principle is the same, but in the end, I think that what I'm trying to say is the majority of the financial hurt goes on."