There is great new music. But it’s not the stuff the major labels are pushing. The bigs have all gotten addicted to the formula. Which is worn out and boring, and now make nothing but disposable music. They no longer take risks, they no longer groom and grow and artist. It’s now “you’re marketable, get in the studio, let our producer do his thing, cash the check and shutup”.
Sounds like exactly what Frank Zappa said.
https://www.youtube.com/watch?v=KZazEM8cgt0
Yeah, and that interview was about 8 years before they codified the formula. It’s so much worse now because they literally have software, it’s not even lame arbiters, it’s just an analysis tool, tell it to read the MP3 and it’ll come back and tell you how well the matches the formula.