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Noel Gallagher has said he believes rock stardom will die out because a lifestyle of excess is no longer affordable for musicians.
The former Oasis singer said superstar musicians such as Michael Jackson and Guns 'n' Roses were among the final global successes to receive and gain from huge record label advances.
"Rock stardom will die because nobody will make enough money any more to be rock stars," Gallagher told The Sunday Express.
"Everybody will be jobbing musicians. It's unbelievable. The music industry has changed beyond all recognition. The music business we signed into does not exist any more.
"What is fascinating about that," he added, "is that there was a way of making money and selling records that got happened upon in the Sixties and it worked for 30-odd years, then all of a sudden, in under a decade, it's gone, never to return.
"It used to be about the A&R man going to see gigs, demos and people going into record labels saying, 'Give us a chance'," he added. "It's not like that any more."
Noel Gallagher's High Flying Birds are set to release their first live DVD on 15 October, which was recorded at the band's London O2 Arena show back in February.
The singer recently hit the headlines when he compared Team GB's Mo Farah to Oasis with the hero worship he enjoyed at this year's Olympics.
Noel Gallagher - from Oasis days to High Flying Birds
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