Interesting summary of the economics of a hypothetical rock band, as broken down by a journalist at the NY Daily News.
[update]
Another money breakdown
Now, read what some "with it" people inside the recording industry have to say about the future of their system.
Bye bye fellas. Hollywood, you and journalism are next... and government after that. Considering the speed at which we are moving... I'd say the next ten years are gonna be mighty interesting.