Who owns your digital downloads? (Hint: it’s not you)
Someone better tell the folks who run the iTunes Store and its competitors. If you buy a digital music track or album from the iTunes store or one of its competitors, you don’t own it. Instead, you’re buying a license to play that track or album, and that license comes with an extremely limited set of rights.
[O]nce you’ve acquired a lawfully-made CD or book or DVD, you can lend, sell, or give it away without having to get permission from the copyright owner. In simpler terms, “you bought it, you own it” (and because first sale also applies to gifts, “they gave it to you, you own it” is also true).
The moral of the story? If you really want to own your music, forget about downloading and buy a CD. You might even save some money compared to a digital download.