Something that's been coming for quite some time.....this happened to dance music 10 years ago, and it took quite some time for it to recover.....
From The Beatles to the Arctic Monkeys, Britain's great rock bands have belted out the soundtracks to our lives and carved a place at the heart of our culture.
So why have so few new bands broken through in the past couple of years? And what are new acts doing to keep guitar music alive?
Killers frontman Brandon Flowers and The Kings of Leon are the only such acts to have cracked the top 10 so far this year.
Two years ago, more than a dozen guitar-wielding bands - including Coldplay, Oasis, Razorlight, Kaiser Chiefs and The Kooks - reached the same heights.
But then the world seemed to get bored of the conventional guitar sound and the term "landfill indie" was enthusiastically wielded to beat down bands that sounded safe and stale - The Pigeon Detectives, The Fratellis, The Enemy, The View, Editors and The Courteeners among them.
The disillusionment can be traced back to record labels chasing quick hits rather than acts with longevity, according to BBC 6 Music DJ Steve Lamacq.
"In this current climate, people are signing bands who have got one or two good tracks, hoping they can make one good album," he says. "And inevitably a lot of these bands are going to come and go.
"You end up ruining the sense of trust between tastemaker and audience, or record label and audience, or even musical genre and audience.
"If you stop believing in a certain sort of music, it's going to take a lot for you to come back."
If Radiohead emerged with their debut album today, it would be "unthinkable" that their long-term prospects would be recognised, he believes.