I agree that it is the music gatekeepers that are turning our music into schlock and often ignoring true talent in order to mass produce something that will sell to the lowest common denominator market. I was hoping that when music could be purchased by the song on the Internet and not forcing buyers to purchase whole albums of mostly junk that things would change. However, large producers like Sony have fought this digital revolution and still keep a strangle hold on the music industry. Even Internet radio like Pandora, where you can customize exactly what you want for content, is under assault by the large record companies and their shills in Congress who want to extract ever higher royalties so as to kill this nascent industry.
I do see that Internet music sources are holding on and many of us now tune into Pandora on our car radios instead of the local top 40 hits and buy our music online getting exactly what we want. However the music industry promoters will still be turning out the schlock as long as there are people who will buy it and don't really care about the content. I have to wonder if 50 years from now how many of today's "hits" will still find an audience or will be relegated to elevator music.
I don’t think the Xers or Millenials will have much in the way of “nostalgia” Their “music” (also TV and movies) pretty much sucks and there’s hardly the talent and phenomena associated with The Baby Boom Culture which makes many of us teary-eyed yearning for the Oldies Days playing on our CD compilations.