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Things the business got wrong? Try Michael Jackson's most recent record contract (or the one before, if that's the one I'm thinking of - I really don't pay much attention to that sort of trivia). Megabucks in outlay, mini-bucks (at least by comparison) in returns.

And the second category? 

Things that slipped under the guard over the past fifty-something years?

Any number of examples that spring to mind. Let's highlight a few.

Elvis Presley.

The Beatles

Robert Zimmerman, at one stage known as Hammond's Folly but famous worldwide as Bob Dylan.

San Francisco 1967.

The first wave of punk rock.

That's a few to start with. Some things that slipped under the industry's guard, of course, ended up as corporatised crap once the biz identified the bandwagon and jumped on. 

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B© Ian Hughes 2012