It's about the effect of the internet on the music industry, and it's called "Meet The New Boss, Worse Than The Old Boss?" As you might guess from the title, Lowery is highly skeptical.
"I was like all of you. I believed in the promise of the Internet to liberate, empower and even enrich artists. I still do but I’m less sure of it than I once was... the music business never transformed into the vibrant marketplace where small stakeholders could compete with multinational conglomerates on an even playing field...
We are no longer searching for a 'new' digital model it's here. It's been stable for 6 years. It sucks. Too little revenue goes to the content creators. And that share appears to be shrinking..."
Lowery's whole presentation is posted (including slides), and it is quite long. However, it's worth reading, especially if you are a musician.
In the meantime, here's my personal favorite Cracker song: