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You're pushing the idea that its only the artist the suffers - but what about the thousands of people employed by Decca or Elektra or the guy who washes floors at Warner Bros Music?
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I'm sure lumberjacks who were and are pressured into shutting down because of conservation laws or activist groups feel pretty sorry for themselves. But it's never going to be the execs who suffer in these situations, and while blue collars are suffering for the higher ups' inadequacy, they'll squeeze at a failing business model until the last bit of profit is wrung from its juicy center. At least until public opinion makes them change their mind.
Jam it back in, in the dark.