thread derail alert:
I think we are approaching a golden age of independent music exactly *because* of the music industry's savage beating at the hands of file sharers. It has forced musicians to take things into their own hands, and at the same time, opened up the means of production and distribution to them. The result has been a complete landslide of bands, but also a really rich seam of very high quality, DIY and independent bands.
I remember buying CDs in the 90s and being so disappointed that supposedly "great" albums by famous bands were just a couple of hit singles and a lot of filler. The big labels would crank out bland, over-marketed bands who would live the high life for a few years and then disappear after 1 or 2 mediocre albums.
These days you get passionate, driven bands putting on their own shows, releasing their own albums, starting labels, putting on tours... and every penny you spend on their music goes straight back into the music. There are no boardroom execs and greasy A&R men hoovering up the profits. And many of these bands are very, very good because you *have* to be good if you want to get anywhere without a fat label marketing bankroll.
Yes, we as musicians have to work hard as there is little money in the industry. But it has also weeded out a lot of the weak and the lazy - the image-driven bandwagon jumpers, the lame ducks who just wanted to "make it big" and be rock stars.
So these are predominantly the types of musician that file sharing has *really* hurt.
...oh, and interesting article, ta