My Bloody Valentine star Kevin Shields blames music industry moguls for the collapse of record sales, insisting label bosses are too lazy to combat online piracy.

The Irish rocker is adamant it would be easy to curb the tide of illegal downloading on file-sharing websites - where users can obtain masses of albums for free - but he accuses company chiefs of failing to take action.

He tells Uncut magazine, "All the big corporate companies have zero empathy; that's the nature of corporate companies. It's not very complicated to look at major file-sharing sites and deal with them, but there isn't the will to do it.

"The pressure should be on the service providers, like the phone companies and Internet companies, to charge everybody for using the service. There's nothing wrong with people getting music for free... It's going to end up on YouTube, so you might as well deal with that reality."