Can you give any examples of music that is permanently lost to an unpopular format or bad DRM? It may happen in the future that some music is abandoned due to software but music is already being lost due to lack of playback hardware. He can stomp his feet and say that tape is best but there will be a time when no one makes tape players any more, it is pretty unlikely that there will be a point in the future when we stop using computers to play back media.
How about the Doomsday Book? Not music, but an unholy hybrid of laserdisc media using a proprietary variant hooked up to a 512k BBC Micro.
To be sure, there are a lot of examples of things that would have been lost if they had been digital - most of the recovered Dr. Who episodes, that Woody Guthrie concert from 1949, the stereo masters for Jesus Christ Superstar, Court of the Crimson King and untold others.
A lot of people in this thread seem to have been pooh-poohing the idea of using tape as an archival format, saying that you should store everything digitally and constantly reconvert it to new formats - for some reason this isn't seen as a problem, even though all of the things I've listed above were found in a shoe box or in the back of a long-forgotten cupboard etc. 40 years after they were made (nearly 60 for the Guthrie wire recordings).
No, mag tape is not perfect, and yes, some of the more exotic formats are getting difficult to play back. But archival masters are in standard formats for that reason, and it's not outrageously hard to make a machine capable of playing them back - even the sticky shed issue is understood and fixable. Mag tape is not perfect, but it can be played back after being left forgotten in a vault for decades and that is something digital does not currently offer.
Bottom line? Make digital and analogue copies. That way, at least one of them should survive.