I'll put it in a nutshell. Basically, what happened with the Internet was that the money machine was eliminated. When the money machine was eliminated, all these people who had nothing to do with the music, and who used to make millions of dollars, started to do something else. Then everyone went, 'It's fine. Bands are still signed.' But it's not! The reasons bands were signed and new acts could get a shot was because people thought they could make money from these bands. So the fans got to hear new music while the machine was going around, investing a million and getting ten million back. Now when there is no return, no new bands are being signed or exposed and no record labels are acting like they did before.
Look, the thing is, if you're already established, if you're Judas Priest or Yngwie Malmsteen, you're fine. There's no difference; you do what you've been doing and it's the same. But if you're a nobody and you want to sound really good but you want to start out, you can't get a tour bus or an opening act slot because there's no machine there to invest in you.
People love heavy metal, people love rock and roll and people love guitar players, but there's no money in it… There's nothing new [coming out]! Simply because the labels, the retailers, the distributors, the manufacturers graphic designers, photographers and so on, they are not making money... so they say, 'Fuck this,' and they go do something else. The new groups that start in a garage are not going to get exposed and the fans are not going to get new music. -Malmsteen
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