Two points of view for music industry business models. Which one would you choose? I lean towards open file sharing. http://bit.ly/HCUTj
In any event artists will need to diversify their revenue stream. You can no longer think all you need to do is sell music and play gig's. You're going to need to be more involved with your fans and look for other ways for involvement. Your fan is your customer. What are you doing to make them return customers?