帮我看看这段英文大概什么意思,有几个词我查不出意思,

帮我看看这段英文大概什么意思,有几个词我查不出意思,
Singer Robbie Williams has said he believes music piracy is a "great" idea.（1.music priacy 怎么翻译合适,great是反话么）
He made the comment at a music trade fair in Cannes,predicting it would anger his record company EMI.
Williams said he had investigated the issue of music piracy before renegotiating his new recording contract last year.
The heads of the record labels don't know what to do about it.(2.record labels
He said:"I think it's great,really I do.
"There is nothing anyone can do about it.“
"I am sure my record label would hate me saying it,and my manager and my accountants." （3.为什么hate?）
The record industry estimates that it loses millions of pounds each year thanks to the public downloading tracks free from the internet.
'Hot air' （4.是空话的意思么?）
Williams,whose contract with EMI is worth a reported £80m,said when he had been to see all the major labels and asked what they were going to do about music piracy "I heard a lot of hot air".
Williams' latest best-selling album Escapology has so far sold five million copies since it was released on 18 November.
EMI has said it will make a profit once a total of 18 million albums have been sold from its six-album deal with Williams.（5.这句话帮我翻译一下吧.）
Williams' album has sold 5m copies
Currently,record companies fear some 800 million bootlegged records are sold annually,compared with the industry's total legitimate sales of 2.4 billion discs in 2001.
（6.bootlegged records ）
This is coupled with the music industry facing the problem of tracks being downloaded free of charge from the internet.
Total sales for the music industry fell by 9% last year to $30.3bn.
Last month the British Phonographic Industry (BPI) said the circulation of pirated music in the UK had risen by more than 36%.（7.pirated music ）
The figures,based on the number of seizures in 2001,represent £27m worth of music according to the music industry watchdog.
8.最后文章的大概意思用一句话总结一下吧,万分感激.