...the same generation using up the planet's resources, spreading consumerism everywhere, and keeping housing and healthcare unaffordable for younger generations is also quite ok with keeping the airwaves to themselves.
I'm not sure where to look it up but my guess is that current artists rake in a lot more money than older artists. Record companies are not in the business of supporting new artists, they are in the business of selling product. Nothing has changed except the delivery system and huge social media platforms.