From a Times article about South by Southwest:

"There are major companies who are trying to keep their businesses afloat," said Jay Boberg, president of MCA Records, in one of the conference's panel discussions. "And there's everybody else. Everybody else is doing great."

Saw some first-hand evidence of that last night when Matt and I ventured into East Atlanta to see Broken Social Scene. Sold out show on a Tuesday night, three bands, all with over-lapping members/friends. Just this big group of people who enjoy making music together. Was lovely to witness. The lead singer for BSS stumbled onstage around midnight with two declarations - 1) I'm drunk! and 2) we're playing until at least 2 am! Though I have to admit the legs are a little sore from standing for 4.5 hours straight, it was fucking amazing. Yay for live music.