How p2p file sharing helps artists, by Loaf from The Pariahs

This article by Loaf from the band The Pariahs includes:

Old-school record companies are being squeezed by two factors, both caused by digital technology.

It used to be that unless you were independently wealthy, you needed a record deal to make a professional quality recording. This is no longer the case.

It used to be that you needed major label clout to make your music widely available -this is no longer the case either.