Too Slow
The music industry was basically behind the times and got caught with its pants down with the internet revolution. They're now paying for years of over indulgences and corporate wastefulness - including the many layers of middle management and the extravagant contracts given to artists... as well as the lack of investment in finding new talent.
Myspace Music is a treasure trove of up-and-coming bands; yet musical innovation in the charts has been poor for some time now. Why aren't record companies giving these plethora of bands an outlet for their music, when Apple, via Itunes, is happy to sell almost anything?