Book excerpt: For disgruntled music fans wondering why music played on the radio is not only worse now than in the past but also not nearly as revelatory as it once was, this book presents a detailed discussion of how the record business fouled its own livelihood. This insightful dissection covers numerous aspects of the industry's failures and shortcomings, including why stockholders play an important role, how radio went from an art to a science and what was lost in that change, how the record companies alienated their core audience, why file sharing might not be the bogeyman that the record industry would have people think, technology's effects on what and how music is heard, and dozens of other reasons that add up to the record industry's current financial and artistic woes. With eye-opening observations culled from extensive interviews, this expose offers insights into how this multi-billion-dollar industry is run and why it's losing so much money.