From this page: http://www.emmitsburg.net/humor/archive ... rline%20PAThe music industry is dying a slow death. Not just because of illegal downloading. It's the lack of innovative new music being given a chance to get to the people who would like to hear it. Greed and corruption is the problem. The record labels and the radio conglomerates are simply self-destructing. Over 40% of the music purchased today is "catalogue items," meaning traditional music that the public is familiar with. Older established artists. This is also true on the live concert circuit. To explore this fascinating and disturbing topic further, check out the book, "Appetite for Self-Destruction" by Steve Knopper, and the video documentary, "Before the Music Dies."
This Emmitsburg poster is probably summarizing points from Knopper's book. Does anyone here know if this is mostly true? (I can't believe that shared music will die, but it may be the case that internet artists will be so spread so thin that many good artists will be lost in the ocean, and poor artists who get financial backing for publicity will be the ones most heard.) Also, if there is little financial reward for music labels investing money in artists, the artists may not get connected to the best studio musicians, arrangers, and record producers.
What do you think?