I agree with the author almost almost every point. There is one which raised a question in my mind. The author states: "The music industry is the problem—too

I agree with the author almost almost every point. There is one which raised a question in my mind. The author states: "The music industry is the problem—too many bad songs are the problem. It’s the reason the audience doesn’t roar when you talk about playing a new track or two that were added for a re-release of your greatest hits. If your greatest hits were from the last three years, imagine how much money you’d be making on album sales even beyond your touring." When he says "greatest hits" here, what exactly is he referring to? Am I right to assume, that he means that bands, just like startups, need to be continuously iterating and innovating? If so, then I'll sympathise a little with the frustration a musician must feel. I think it's fair to say that musicians make their money of their long-time fans, which implies that they need to keep people happy with their music for a long period of time. I think this is slightly harder for a musician, since unlike a startup, they don't explicitly have a "problem" to solve. For myself, I used to be a great Linkin Park fan, and I still think that 'Hybrid Theory' and 'Meteora' are 2 of the best albums around. They lost me after that unfortunately, and being 14 at the time when Meteora was released means that I never gave the band any cash. On the other hand, there are other bands that I've been following for a long time whom I still gladly pay for their music. E.S Posthumous released their album 'Makara' last year, and even though its on YouTube, I still paid for the thing --- Thanks to iTunes =) [by the way check them out - http://www.youtube.com/watch?v=-0kH781DV0U http://www.youtube.com/watch?v=-0kH781DV0U] The same goes for bands like 'Mr Big' and their album 'What if','Nightwish' with their album 'Dark Passions Play', and Steve Vai with his recent 'Live in Minneapolis' album. I use those bands as an example because they've been around for awhile (10 years or more) and still can provide innovative, new music that retains the same appeal as their previous work, but yet provides a distinct WOW factor to it. ie: same but different. I personally think that very few bands can do that, and the industry that supports long-term creativity like this will inevitably be small. So that's a long way of saying that I agree with the author's premise, and that the music industry of the past is bound to see a major change (relatively shrinkage) thanks to the inherent nature of the craft along with the new-found efficiency of distribution.