I really like Dave Stewart. I've met him several times and value his opinion. Dave is also known as an activist, and although I understand and share his frustrations with the entertainment industries, I do not believe the Artist Network is the solution
I'm pretty dissapointed by this effort. The people in the pictures may have the access to capital, connections and resources, but that's all part of the 'old' networks. Nothing new here.
Of course I don't have any new solutions of my own to offer, but I *am* seeing an increasing number of creative people grasping at technology, enabling them to create, produce and distribute. Audiences are forming around these people and they are contributing: paypal donations and orders for home-burned CD's are starting to support some musicians.
Stewart's answer is access to capital and traditional resources, which are definitely needed to bootstrap, we just don't know which cable to lift yet.