With A R Rahman winning the Oscars, one thing became clear. Talent is everywhere. But it takes someone who isnt in the epicentre of things, a long while before they get visibility. Its always hard for talent to get recognized, but Social Media and the power of the Internet to make distribution costs next to nothing can lead to significant changes to that.
India does not have a music Industry - well, it might have one which is nascent and struggling, but thats barely a thriving industry. Yet there is demand (Bands like Euphoria at its peak made significant amounts of money), and undeniable talent.
Emerging markets are stuck between the old and the new, and this vertical is no different. CDs and Labels are out. But platforms like iTunes are not in yet. And Moserbaer has an Antilog to prove that people are willing to pay.
There is definite possibility for some play in this space, by someone who understands the forces that matter.
PS: Chennai being a hub for a massive entertainment Industry, we meet Artists who are singers, musicians. Inside Info: A super talented musician struggles to make as much as 10K INR a month in a sustainable manner.