Massive even falls short. It is complete. That is all there is of music. Record companies now exist to try and land their talent Sprite commercials. Music is free. Musicians threw in the towel, it’s over!
Lower level acts have stopped touring because there isn’t enough big money acts to fund the production companies year round. No one to drive the bus, no one to run the sound, no one to run the lights. These people threw in the towel too. The kind of guys that ran sound for Motorhead for twenty years have all quit.
If you see music now, it’s a hobby and they are broke or its one of Rod Stewart’s kids.
That's about what I've thought for a few years. If an act hasn't become popular enough to make money touring, they have few other ways to make money. You probably have the local talent playing gigs in their area and hoping for a break, and then the big acts who can fill large arenas, and not much in between.
But what used to take million dollar studios and talented musicians, like The Wrecking Crew to do, can now be done from a home studio with music software.