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I think that was one point Fleming was trying to get at though. Zo is part of a fairly small percentage that make a killing playing at events and festivals, therefore having the luxury to be able to put his music out for free. The majority of artists would probably still love sales from an artists album, even if they do make a few thousand bucks.
I think the benefits from this can be overstated/overestimated. I think it is fair to say the impact will be short-term (youtube already providing free music for years) and only works for the business models followed by the well established artists that are in positions to do so. I agree that business makers at this level need to embrace new ideas and adapt, but artists in mid to lower tiers still thrive from healthy labels and structure within music. I guess my point is that good business does not always breed good art.
Part of me is inclined to say no as well! However I recently experienced a nice example in London for 'Record Store Day' where many turned out for street sets hosted by the record shops, with cues and cues for vinyl/cd sales and trading. I also believe Vinyl sales have seen an increase recently (UK)(U.S)??? Discogs have added more focus to sales/trading (succesfully) and Beatport is selling more than ever... Not so sure if it's dying as much as people believe.