Quote:
Originally Posted by shuki
Radio Head, NIN, Jamaraquoi and others are moving to this or similar formats. Lots of big changes are in store for the music industry.
Look for more soonish on www.Band.com 
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Same answer: It works well for bands that have a following. But for 1 million unknown bands, there will be little or no way to get traction and worldwide attention, which in turn will mean that the lucrative tours don't exist, and they will be out there playing for beer money and the chance to be artists, nothing more.
The record companies, the radio stations, the sat networks, MTV, the record stores, Itunes, and others are all in it together to take people from unknown to megastars. Without megastars, none of them make money.
Can you imagine you go to New York, and all you hear are local bands... and then you drive to Phili and it is all local bands, because nobody has the money, the connections, or the system to move these acts through the steps from idiots to major stars.
The radio would be dominated with winners of American Idol.
Can I be ill now?