Marcus Willett said:Unless perhaps you're a professional composer/songwriter who doesn't perform the song live, but depend on album sales/royalties for compensation...what about this person, just screwed?
All specific niches are not guaranteed to be protected. New ways to make money will be found though, as the demand for quality music remains high. People always fret their way through economic revolutions. What about the xxxx, how will they make money? Nobody will have any incentive to yyyyy.
The internet and mp3s are transformative, displacing technologies. They exist, and you have to ask yourself how to deal with the future, not the past.
There's great music in Cuba. Money does not create music.
Frankly, the world would be a better place if the guy writing Brittney Spears' songs, and all the other people in this "game" for the money were plumbers instead.