It’s the end of the world as we know it—at least as far as those who listen to, consume, record, produce and distribute music are concerned. Record companies and retail stores are folding, musicians are reinventing how they make a living from playing music, and fans have never had a more direct relationship with the artists they love.

Jim DeRogatis and Greg Kot, the co-hosts of Sound Opinions, the world’s only rock ‘n’ roll talk show, break it all down.