Re: Music question: Should the sins of the children be visited upon the parents?
While labels are concerned with making money above all (and they're a business; they're supposed to profit), I would like to point out that 90% of the average major label's bands lose money for them. It's that top 10% that is keeping all the underground bands signed at all. You may think that giving Justin Timberlake money is insane, but when you buy his album, most of that money is actually going to the label, and a good part of that money is what is allowing Good Underground Brooklyn Band #342 to tour for three weeks to get their music out there to about 50 people.
I've of two minds on the music piracy thing -- I believe that all artists have a need to communicate, so to get their work out to as many people as possible should be a goal -- but as far as money for labels go, yes, they're making money, but every label does have a contingent whose job it is to get genuinely good, unknown music out there.
There is no such thing as a pitching prospect.