Even now, they are laying claim to words like "garage" and "punk". Both movements came from the same roots decades ago and have continued on without much radio support.
Very few of the "garage" acts that have been given the industry push are noteworthy. Rather than pay for the back catalog of established acts, they want to reinvent the wheel.
Rock of all stripes continues on. Modern music isn't about the sound, it's about the image.
Video didn't kill the radio star, but MTV killed the music industry. It replaced the musician with the celebrity. What does so and so think about this summer movie? What's his house look like? Who's she dating now? < /rant off >