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I'm not going to claim that he single-handedly tore down the industry, but let's be intellectually honest here. If this article is to be trusted, the revenue of music sales has fallen by more than 50% since their high point in the 90s. You can claim that the labels had a stranglehold on the market and were overvalued at the time, but that doesn't change the fact that piracy has completely changed the face of the music industry. The music industry may not be broken, but the industry of the 90s most certainly is.