The presentation suggests that Metallica goes unpaid for their product. I suspect there are many fat bank deposits that indicate otherwise.
What I feel is more important is that the assertion obfuscates the primary motivation in play. Wealthy and powerful copyright interests want to control what customers get to do with the product they purchase. This government-granted privilege isn't one that's enjoyed by the vast bulk of producers.
Worse, copyright gatekeepers have twisted the constitutional purpose of copyright - from encouraging the progress of science and the useful arts - into a pampered entitlement of never-ending profit.