Meaning: The quote by Mike Peters, a cartoonist, reflects his concern about the music industry and the challenges facing young and talented bands. In his statement, Peters expresses sadness over how the music industry has evolved, transforming the perception of signing with a major label from being seen as a sell-out to now being perceived as a measure of success. This shift in perspective signifies a broader change in the industry's dynamics and its impact on emerging artists.

Peters' observation about the plight of young and talented bands being "chewed up into the system" reflects the challenges faced by artists in the modern music industry. The intense competition, commercial pressures, and the demands of the industry have the potential to overwhelm and exploit emerging talent. The system that Peters describes often places young bands under immense pressure to conform to industry standards, leading to concerns about the authenticity and creative freedom of these artists.

The contrast Peters draws between the past and the present highlights the shifting attitudes towards major label signings. In the past, signing with a major label was often viewed as compromising artistic integrity and authenticity. However, in today's music landscape, the narrative has changed, with success often being equated with securing a deal with a major label. This shift in perception reflects the evolving nature of the music industry and the changing criteria for success and recognition.

The quote also underscores the complex relationship between artistic integrity and commercial success within the music industry. The pressure on young bands to achieve mainstream success and the perception of failure if they do not secure a major label deal raises important questions about the impact of commercialization on artistic expression. The pursuit of commercial success can sometimes lead to compromises in artistic vision, creative control, and the ability to stay true to one's artistic principles.

Furthermore, Peters' words shed light on the power dynamics within the music industry and the influence of major labels on shaping the narrative of success and failure. The increasing dominance of major labels in the industry has raised concerns about the concentration of power and the potential marginalization of independent and alternative voices. This concentration of power can limit the diversity of voices and creative expressions, ultimately impacting the richness and variety of music available to audiences.

In conclusion, Mike Peters' quote offers a poignant commentary on the challenges and pressures facing young and talented bands in the contemporary music industry. His words highlight the evolving dynamics of the industry, the changing perceptions of success, and the impact of commercialization on artistic integrity. As the music industry continues to evolve, it is crucial to consider the implications of these changes on the creative freedom and authenticity of emerging artists, as well as the diversity of voices within the industry.