Thanks to everyone who answered. IMO, and in short, the gentleman in the video is expressing his opinion, and supporting it with facts that support his opinion; basic 7th grade composition. No one is under any obligation to agree. I don't listen to a lot of terrestial radio anymore because I don't like most of the music, and there are now other outlets. I've excercised the "consumer's veto" I believe Lawman is advocating. The idea that a "true" artist composes, plays at least one instrument, and is involved in production, is common in post Tin Pan Alley era musicians, especially those who become music writers. Many of them have trouble accepting that others (especially non-musicians) don't necessarily accept their yardstick for quality. Don't believe me? Join an online music forum and say "Justin Bieber isn't so bad". Just be ready for a pointed personal attack involving your intelligence and sexual orinetation. Not kidding here, gentelemen.
My view on money is fairly simple: It's better to have it and not need it, than need it and not have it. I do NOT believe Markets are manisfestations of the Holy Spirit and never to be criticised. They are human beings with human failings trying to get their money, and they are responsible for their actions. There's been PLENTY of music business chicanery since the 70s, and it's been well documented. I recommend Frederic Dannen's Hit Men: Power Brokers and Fast Money Inside the Music Business, for an overview of the largely unpublicised role of the Independent Promoter. Morris Levy (upon whom the character "Hesh" is based in The Sopranos) died in 1990, but the calculus is the same: own the publishing, whether you wrote the music or not; and royalties paid promptly to artists are not earning you interest or dividends. Media is falling into fewer and fewer hands, more and more centralized, and more and more homogenized, and the interests doing this lobby for politicians who will change the laws so they can centralize even more. That is NOT my opinion. If you're a shareholder in a multi-national media conglomarate, that's a good thing. If you aren't, maybe not. Still, the traditional music business is in trouble. Profits are way down. The RIAA would say this is because of the internet, and online file sharing, and they have a point; "free" is an unbeatable price, but I would also argue part of the problem is their product. All and all, though, I'm optimistic. Like Lawman said, the serious music fan has more options now than ever before in history. A guitar player with a PC can do what Les Paul did in the 50s right at his home workstation. There's good music out there, people just have to be willing to find it.
JAMES