David Byrne has a fascinating article in Wired about the changing face of the music industry. He really illuminates new distribution channels and illustrates how the legacy record companies are too big and will be crushed under their own weight.
There's a bonus interview with Brian Eno that is well worth a listen.
One of the most interesting things is that record companies treat downloads just like CD sales. They get a massive income boost, because there's no physical product, and the artists get screwed. There are some pretty charts showing who gets what when you buy a CD and a description of where your iTunes money goes.
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