True, but not exhaustive. As I explicitly mention above, they also find (in some sense, act as a filter) and finance new acts. And, in any case, you seemed to have ignored my point that recording engineers, producers, etc. are very much a part of the phonographic industry. Care to explain how "new communication methods" have rendered them obsolete?
> New communication methods mean old ways of promotion and distribution no longer work.
The millions of drivers in the world who listen to the radio disagree with you. And do you really think that just because the internet exists, people don't register offline advertising anymore?
> New ideas like TheSixtyOne.com etc. are great approaches to new means of connecting musicians with music lovers.
Thanks for letting me know about that site, it looks really cool!