Perhaps the product he speaks isn't music, but the recording agencies. What do they need to exist for when social media has knocked big media off it's throne? I

Perhaps the product he speaks isn't music, but the recording agencies. What do they need to exist for when social media has knocked big media off it's throne? In an age when the internet and torrenting have made the costs of distribution megs a minute (in a river of petabytes a second) instead of the legitimate costs of making an actual record (the big vinyls) or radio towers (actual radio, versus internet radio). The recording companies are what come to my mind anyways... shrugs