Occupy The Music Industry

Bob Lefsetz has a worth-reading post that was inspired by the reporting on the clearing of Zuccotti Park.  He nails the reasons why people stopped buying recorded music and/or going to so few shows a year.  (Could this be a warning for the financial institutions?)  He chronicles it beginning with MTV and the advent of the CD.  CD's cost more than vinyl or cassettes for the consumer and the artists received less in royalties.  He points out something I forgot:  
they [the musicians] settled for a reduced royalty, under the rubric that money was needed to grow this new technology. Ain’t that a laugh.
It was a laugh and pouring salt in the wound, long after the technology was "developed", the labels continued to enact the reduced royalty.

Here is where the article hits it's stride:
The bankers were overpaid because of a destruction of regulation and oversight and a thin layer of people got rich, and they used their lobbying power, their money, to institute lower taxes. And you wonder why the rank and file are pissed off?

The rights holders [in the music biz] have done a good job of labeling the public as ungrateful thieves. But is this an accurate description? Almost definitely not. The public was fed up with past practices and angry because they could not acquire music the way they wanted to.

People are buying less and less music.  Will people rely less and less on banks and other financial institutions unless these institutions start listening to the consumer, instead of ignoring them?