Until recently I'd say that the record labels accusations were unwarranted and they should stop. However I've noticed that free projects have the tendency to become for profit corporations and exploit the good will that started the project. An example is Open AI. Another example is how Google monetizes and monopolizes free and public information.
I fail to see what bearing the actions of other projects have on what the IA might or might not do.
So far the IA is providing an important service: Insuring the historical data is not lost. Until this actually changes there is no need to go after it, in fact it hurts us all.
>However I've noticed that free projects have the tendency to become for profit corporations
I would say that for a non-profit project to become a for profit entity, legally speaking, is rare. I believe Google was always for profit? I welcome any statistics you have to back up the assertion.