I'm going to get whipped for this, but I'll say it anyway: I don't see
what is so terrible if large large record companies simply disappear.
Music has been around much longer than the recording industry, so I do
not think that the quality of music itself would suffer. And certainly
there must be other business models for musicians to make a living
without having to feed a huge machine that often sucked their blood,
especially now that the means to record music are available to so many.
Big Music generated lots of money for over a century, but only a very
small proportion of all musicians saw that money. Perhaps Big Music is
just not good for music anymore.
Tom Fine wrote:
> So, even though I'm no fan of Big Music, they have a point in all of
> this. If the owners of the copyright material -- descendants of those
> who put up money to record the old stuff and current funders of new
> material -- cannot get a return on their investment, they do not have
> a business model. So in that case nothing can be made available
> because it's a money-losing proposition and companies are not in
> business to lose money.