Washington Post:

In the past decade, electric guitar sales have plummeted, from about 1.5 million sold annually to just over 1 million. The two biggest companies, Gibson and Fender, are in debt, and a third, PRS Guitars, had to cut staff and expand production of cheaper guitars. In April, Moody’s downgraded Guitar Center, the largest chain retailer, as it faces $1.6 billion in debt. And at Sweetwater.com, the online retailer, a brand-new, interest-free Fender can be had for as little as $8 a month.

And:

Guitar heroes. They arrived with the first wave of rock-and-roll. Chuck Berry duckwalking across the big screen. Scotty Moore’s reverb-soaked Gibson on Elvis’s Sun records. Link Wray, with his biker cool, blasting through “Rumble” in 1958.

And:

McCartney saw Hendrix play at the Bag O’Nails club in London in 1967. He thinks back on those days fondly and, in his sets today, picks up a left-handed Les Paul to jam through Hendrix’s “Foxy Lady.”

And:

“Now, it’s more electronic music and kids listen differently,” McCartney says. “They don’t have guitar heroes like you and I did.”

That does sound a bit like a grumpy old person complaint, but read the article. The comment reflects the reality of the current trend in popular music, more about programming beats than emulating a specific riff.

Fascinating read.