What is really failing is not the artists, but the huge and powerful industry that has built up around them to expliot their art and syphon off a massive profit.  As has been said, that industry is becomming less and less important as artists are more empowered to suceed or not suceed based upon their tallent and the product they deliver than based on who their label is.  What the industry is fighting so hard against is the true democratization of the industry and their subsequent loss of ultimate power. 

by alphasigmookie on 01/30/2009 05:17:30 PM EST

Whilst to an extent I agree with both your points, and the comment before yours, regarding artist empowerment of artists and how much easier it is to take a DIY approach to music-making and still be successful, record companies still play an important role in paying for early tours and expensive recording studio time at the beginning of an artist's career. Also, whilst digital equipment may be cheaper than ever, it still can't be called truly 'cheap', nor can purchasing quality or 'high-end of the market' instruments, so this empowerment movement seems to be only really benefitting prospective musicians who were quite well-off to begin with, at least for now.

by Rhys Jenkins on 01/30/2009 07:45:20 PM EST

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