Number 6: the record companies have lost touch? I wonder if that's correct? It seems to me that the record companies record songs that they believe will sell. Haven't they always done that?

Classical music has been able to survive, but just barely. I think folk music of some sort will always be with us too but as to whether there will ever be another "revival" as there was in the 60's is questionable IMO.

And I don't think it's a matter of "selling out". Those who strive to make a living from performing must perform what people will pay to hear. They may be able to work in a few "oldies" along the way, but ...

DougR