Yahoo News seems to think so. Apparently, the music industry has finally recognized the power of the internet. There are more lo-fi music videos in circulation, cuz record labels are willing to pay for videos that will most likely be seen on a laptop for free.
Youtube has made the music video virtually only available online. I can't say the last time I've seen a decent video on the so-called MTV Hits channel. And regular MTV, forgettaboutit. I usually have my friends crowd around the computer as we jam to this new video I saw on Stereogum or what not. I guess the big wigs in the record industry found that people like quality over quantity. But y'know what, all those crunk/hip-hop videos keep churning out like water, so maybe its just cheaper is better.
Here's some awesome videos that I've seen this year: