The rhetoric has been flowing fast and furious out of Washington, DC in the past few days, and not all of it has had to do with Senate confirmations, peace negotiations, and inaugural proceedings. From the outset the cards appeared to have been stacked against the labels.
Money is only secondary to the artistry, the sound, the emotion of the musical phrase.
More than one dot-com company in the past few months has imploded because someone grossly overestimated the abundance of the talent overlooked by the labels. And certainly, the labels will have to adapt to the evolving new media environment.