It’s the same story in any form of media publishing: WSJ: Musician Finds a Following Online:

“The Internet has been like the French Revolution for the music business,” says Panos Panay, founder and CEO of Sonicbids. The aristocracy “has faded” as the “cost of distribution, production and even getting connected has come down.” Now, he adds, anyone with “a niche and devoted fans can make a living.”