I've never seen America as being one place, but I think the record industry people I've spoken to - although they will acknowledge that the cities are completely different from each other - I think they still handle it as being one territory. ↗
If you look at the market cap increase in Apple since it created the iPod versus what's happened to the music industry, you have to say Apple got the better part of that deal. ↗
It's not a very secure industry. I've spoken to a couple of people recently who had a successful TV show and then found themselves absolutely skint and struggling to find a job. ↗