I can attest to the fact that it's rough out there for recorded music. As some of you may know, I founded and run a record label. As of about six months ago I was running another one as well. And about two months before that I was still lending a hand on a third label.
The problem for me is that if I follow this thing I believe I would never be able to say anything.
When people say that the internet doesn't have any culture, I respectfully disagree. i.e...
We live in an era of blogs, tweets, aggregators, and Fox News. It's quite easy to exist in an ideological/cultural/sociological/psychographic bubble of your own making--one that entirely reinforces your existing systems of belief. That's why I start every morning with the Wall Street Journal.