Lessfinancial incentives to produce good recorded music to be played back by private individuals.
Live music will continue as before. Commissioned music (i.e. movie, TV, and commercial soundtracks) will continue much as before. Every musician whose record sales don't support them financially -- which is a very large percentage of musicians; go read some essays by recording artists on the subject of record contracts -- will continue as before.
Or, who knows, maybe it will all break. It's not as if the future is easily avoided, and it's not as if the current system is all that great. My favorite musicians make almost no money from recordings.
Less financial incentives to produce good recorded music to be played back by private individuals.
Live music will continue as before. Commissioned music (i.e. movie, TV, and commercial soundtracks) will continue much as before. Every musician whose record sales don't support them financially -- which is a very large percentage of musicians; go read some essays by recording artists on the subject of record contracts -- will continue as before.
Or, who knows, maybe it will all break. It's not as if the future is easily avoided, and it's not as if the current system is all that great. My favorite musicians make almost no money from recordings.