Is it dying or is it just changing?
Sales of my music actually picked up this week.
I think it's cool the way the market has been thrown open with the opportunities brought to the independent artist through the digital revolution.
The only real advantage of the majors now is that they can pay for promotion and still have some influence with radio stations, etc. to get your music more "out there". But their influence is slowly weakening as they become less significant.
That's my opinion anyway.