Whither the 'Music' Business?

Check out David Byrne, making plenty of sense in the December issue of Wired:

I have seen this business from both sides. I've made money, and I've been ripped off... What is called the music business today, however, is not the business of producing music. At some point it became the business of selling CDs in plastic cases, and that business will soon be over. But that's not bad news for music, and it's certainly not bad news for musicians...

H/T: Kaushik Krishnan and Ajay Shah at the latter's blog