Is popular music a mass produced commodity or a genuine art form?

Popular music's status as either an art form or a money-making tool for the seemingly omnipresent and looming force that is "The Man" is, in my opinion, a purely subjective one, and leads me to reference a reasonably common coinage, which is: 'One man's trash is another man's treasure.' I fully believe that this quote can quite easily sum up my point, however, I still have to fill another eighty-or-so words, so I'll continue. There are, of course, musicians and record labels who are purely out to make as much money as possible, and will stick to various formulae that they know will make them rich. However, I think that if an artist or a band truly love what it is that they're creating, and they put their whole selves entirely into a song or an album, then, regardless of the outcome, it is a true work of art.