Letters to the Editor
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thank god
Good music doesn't need a record label anymore, their function has become redundant and they take a disproportionate amount of the profit anyway.
These days it's probably easier for artists to set up their own website and handle their own promotion and touring. They can then sign with a smaller label who will treat them great and help them with recording and distribution.
I think it's possible to imagine a reinvention of the music industry that is pro-artist. More room for smaller labels and smaller artists who are, on average, making much better music. I mean if major label albums were good instead of being glorified singles then people would buy them.