I won't go into stuff on what's wrong with the industry, etc. But do want to share that there's a really good resource that has been embraced by the industry for many years called "All You Need to Know About the Music Business" by Donald Passman:

http://www.amazon.com/Need-Know-About-Music-Business/dp/0684...

It has been revised recently (i.e. for the "internet age") but may require another update soon.

Nice find on the ol' Negativland tho =)