As everyone has said, there's a million reasons why what you're saying isn't true/is just an illusion.
Janszoon made a good point about how "bad" music has always sold well.
anticipation also made a good point about how an era is normally only defined after it's passed.
That's only on the first page.
The other thing I would point out is the internet. The internet gives more people access to more music more easily than ever before in music history. This has lead to a huge diversification and growth of underground music.
Don't get caught up with what's on the radio and your TV. Just listen to whatever makes you happy and get on with your pathetically awesome life.
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