Originally Posted by DrumEatDrum
And there lies the rub.
Every band now has a better chance at earning a following, but a lower chance of earning a mega huge following.
In my humble opinion, it's much easier for a band achieve a cult following now than 30 years ago, but it's much more difficult to get beyond that cult following, because there are just so many more bands competing for every fans dollar.
That too is a big part of it. Chris Anderson made it quite clear in The Long Tail how niche markets are becoming more widespread but obviously, will only cater to a select few people. Your bands music will eventually reach saturation point, where only a certain number of people like that kind of music. Bands, unless their music is very commercial or appeals to the lowest common denominator, now have it harder trying to take their cult following to "the next level" even if it is easier and cheaper to distribute music today (digitally) than in the past (tape trading/record labels, etc).