Anyone aspiring to work in the music 'industry' is encouraged to read the following pieces. Written by different industry insiders at different times over the past two decades, they collectively trace the decline of the industry itself due to corporate greed... of course.
This piece, by engineer/producer Steve Albini (Nirvana et al), is from the early '90s and documents the beginning of the problems:
The Problem With Music
This piece, written in 2000, is by Courtney Love, front-person for the band Hole and wife of Kurt Cobain:
Courtney Love Does The Math
This piece, written by musician/activist John Mellencamp and published on the 22nd of March this year, continues the analysis of the decline:
The State of the Music Business
Read those pieces and then reflect on this wonderful quote from the late, great, gonzo journalist Hunter S. Thompson:
"The music business is a cruel and shallow money trench; a long plastic hallway where thieves and pimps run free, and good men die like dogs. There’s also a negative side."
[Thanks to Kim Cascone for links...]