The labels had money in the 70s, they could sign many artists and give them time to develop. Nowadays if your first single isnt a hit you're probably dropped, artists arent given the time to develop and that cant help diversity can it.
I think its a widely agreed upon opinion that popular music has never been in as bad a shape as its in now, to say there is more diverstiy now that in the 70s...well thats just plain silly isnt it.
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