This is a thought-provoking interview with Billy Corgan where he talks about the state of the music industry with particular attention paid to the issues of social marketing. He speaks on
-The devaluation of today's music, often by the artists themselves
-The transformation of music culture into a service culture
-People don't trust enough to pay money for music
-For many new bands, fame has supplanted material success.
But don't just ingest these simple bullet points. Put aside 15 minuntes and watch this. Trust me.