Pop music: What’s happened to the money, money, money?

The death of the pop music industry has been predicted for years – and certainly since Apple launched a whizzy device called an iPod back in 2001. The rise of free or pirated music online and the declining sales of CDs has at the same time been wielded as a cautionary tale about the power of the internet. Still, this week’s comments by Lily Allen may finally confirm that any aspiring rock guitarists or pop singers might as well pack away their dreams and find a proper job.