I think we have killed the music business. The problem is that there is so much music we listen to that they own the copyrights to, and will for 70+ years, that we're sort of locked into them for a certain amount of time.
But the future is micro labels, digital distribution/sales via Apple/Amazon/Google/eMusic, music videos at YouTube, publicity via Pandora/Spotify/LastFM, PR via Facebook/Twitter, shows with indie ticket sellers, t-shirts with Zazzle, etc etc.
But the future is micro labels, digital distribution/sales via Apple/Amazon/Google/eMusic, music videos at YouTube, publicity via Pandora/Spotify/LastFM, PR via Facebook/Twitter, shows with indie ticket sellers, t-shirts with Zazzle, etc etc.