I thought this article really hit the nail on the head.
I think it amazing how short sighted the music industry was. I'm also in agreement with a lot of critics that Radiohead's suspicious absence at the Grammy's was the RIAA last ditch attempt to say they disapprove of downloadable content. If an industry can't evolve, it will die.
Perhaps record companies think their lame attempts to get hip are working. I admit that I often listen to tunes I haven't heard in awhile by pulling up the video on youtube. I've watched this video like 5 times because the song was stuck in my head from playing guitar hero:
So, who needs cd's and online stores? I believe in the artist being paid for their work, not the record company profiting from someone else's heartfelt work.