It's not about the ROCK, it's about THE PAY!

EMI, (2) (3) one of the last of the five (or is it four now?) has now closed two CD and DVD Manufacturing plants, here in the US and abroad in Holland, cutting 1500 jobs in the process. Also, "niche and underperforming artists" will also be cut from the label. These cuts are seen to figure about $92 billion annually.

Now given all the arguments against record labels, and that these cuts by EMI will mean, most likely, that there will even be less to choose from, and the pool of music is getting smaller. Or is it just me that is starting to think everything is beginning to sound the same?

Also brings me to the point. Since the proliferation of Napster and Kazaa, the record industry has done everything in it's power to stop file sharing, yet the file sharing community still grows larger, and with the speed of broadband, more can be downloaded and shared, the industry, will still whine and bitch about losing money, taking none of the blame for putting out such crappy music in the first place.

Somewhere there must be a credible idea of just how to take advantage and mesh together file sharing and capitalism, and not have to worry about selling albums. If the current model doesn't work, what is it to be replaced with? Ideas? Anyone up for Jakeneck Records? How would such a venture actually function? How would we make any money? How would said record company distribute?