This is true, provided that you listen to Brittney Spears and the Jonas Brothers. Otherwise, the music industry does more harm than good. They provide no tangible service in this day and age. Those who know where to look have no trouble finding artists they enjoy listening to. The record companies will always be around to provide your polished pop princesses etc, but in time they will be relegated to a niche market. True, non-label artists won't rake in the cash like they would with a major label backing them, but when they receive 90% of the profits rather than 0.003%, I don't think the artists will complain.