[kat_rebelo]

This article sounds a lot like major label dinosaurs and middle managers complaining that the business model that worked in the past doesn't work anymore. Can't say I have any tears to cry for them given that model really benefited labels and middle management instead of the musicians.

However, I don't really think that the music industry's woes are because of social media, viral breaks, or whatever they are attributing it to. If they didn't have their heads so far up their own asses it should be obvious to them why they are not breaking new artists. Every song in the top 100 approaches this new monogenre of R&B/trap/electronica that was clearly produced with GarageBand starter packs and autotune.

People who are passionate about music, buy records and merch, and go to concerts are probably more of the type of person who has niche interests and very deep and genuine love for a few artists / genres. They are not the kind of person who listens to the vapid musical fast food that major labels are shitting out.