in the 1950s-1990s, entertainment biz was predominantly people from working-class or middle-class backgrounds who 'made it.'

(http://www.autoadmit.com/thread.php?thread_id=5864561&forum_id=2...id..#49874522)

I thought it was preposterous but then I heard Bill Ackman say the same thing in an interview with Lex Fridman. Ackman has a large position in Universal Music Group. He said we look for social media stars and turn them into global phenomenons.

The music business hasn't thought one iota about whether the music was actually good or whether their artists had musical talent in about 25 years. Just find pretty people who can dance and engage with fans online and then pass them off to professional songwriters. Until artists start making their own stuff again you're not going to hear any compelling music. And the Big 3 record labels consider artists who write their own songs a complete waste of time. They should be posting on insta and doing SNL. That's how you get famous which propels streaming, merchandise, and endorsements which the label gets a cut of everything you do.

In summation 'music' doesn't really exist anymore and the industry is about finding people who are famous on the internet and making them way more famous so they can ultimately star in Super Bowl commercials which is how Bill Ackman can actually make money off of them.

(http://www.autoadmit.com/thread.php?thread_id=5864561&forum_id=2...id..#49874550)