5 REASONS THE MUSIC BUSINESS IS IN THE TOILET:

It doesn’t take a big-shot music executive or a statistician to see that the music industry is in a major period of upheaval.

Sales of recorded music are at or near all-time lows, digital downloads and concert revenues aren’t doing enough to stop the bleeding, and technology has made recording and sharing music easier than ever, driving up competition in an already traditionally competitive industry.

Rock musicians vowed to smash capitalism and to “imagine no possessions.” What’s the problem here?