Both of these entities are fighting losing battles to maintain the status quo amidst the onslaught of the internet. Chad Gervich has a great post about the WGA Strike and draws some similarities to the decline of music studios in the internet era. He may be overstating it somewhat (he is understandably sympathetic to writers) but the premise is apt. Failure to adapt will lead to extinction. Holding on to the last decade’s way of business is tantamount to a failure to adapt. The corporations, which currently hold power, in the entertainment industry would be wise to remember that in a storm, it is the stalwart oak that snaps, while the saplings which yield to the storm are left standing.