[Bahamut]

I also have some knowledge on the industry - I am tied into a musical scene myself. Naturally I have lots of close friends who work in the industry, most through freelancing & some pretty successful (with music featured in big name TV shows, film, and AAA game titles), but a few in decently known/well-known bands.

Not all labels are corrupt - there are some I've heard bands praise effusely. However, all I have heard about the big 4 is pretty damning. Some of the smaller ones out there also suck too.

I speak this as someone who is passionate about music & has many more friends who do music for a living than most. I don't like some of the exploitation of artists by tech companies either, but that's a completely different topic.