Agreed that that's dumb, but are you sure it's the band that's made that decision and not their record label? Is someone, somewhere not aware that digital copies can be made from CDs? Hell, pirated copies of the disc can probably be found online the day *before* their new album goes on sale, if not sooner…
Also, yes, "loose" is the opposite of "tight," and "lose" is the opposite of "gain." Now that you know, please never ever ever make that mistake again (ever).