Hawke writes:

The government does what interests lobbying it want. It's pay to
play. The recording industry pays a lot so they have a lot of influence.

Yes, of course. But the whole reason for existence (tangible, expensive
media trafficked in public) has vanished, and so will the business and
income. It can't be magically rebuilt on charging money to alter
intangible states of matter that people already own.

The record business sold records. Records are gone.