I found this article via a Facebook post and thought many of you might be interested in it.
The good news is that this article was well placed on the New York Times website where, ostensibly, millions of mainstream readers and music buyers will be exposed to several core issues threatening the livelihoods of songwriters and artists, as well as the overall viability of the US music industry.
The bad news is pretty bad and is spelled out clearly and concisely.
However, the good news is that, according to some movers and shakers in the music downloading business, downloading is approaching a critical mass that eventually will reverse the trickle of royalty payments to songwriters and artists, and "return the music industry to its former glory." This from Spotify board member Sean Parker of Napster infamy. If you can actually trust his projection, there finally just might be light at the end of the royalty tunnel. And this time it won't be an oncoming train.
It won't be an oncoming train but two guys pushing the handles of a hand car. :)