The Record Industry’s Decline

Rolling Stone is chronicling the fall of the record industry. At the same time as you think “I told you so” and “serves them right” you have to feel at least a bit sad that it took the industry dinosaurs so long to figure out that things were changing that tons of people had lost their jobs in the process. Is there any saving the industry? Many people in the business apparently think the answer is no. To what extent is losing the big labels a loss to music lovers?