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Submissions, Demos, biogs a waste of time ?

Who's going to shoot me down in flames ?
After a decade of recording culminating in a Classical guitar CD / DVD documentary and 4 Jazz recordings I've come to the conclusion that music for me is ...don't you hate this word... is a ...hobby.
Keeps me happy and occupied. But I seem to be spending more time in the surf lately than in my studio.
I'm signed with a 3 year licensing / publishing contract but cant afford the thousands of dollars required for distribution.
Am I right ? Recording Labels, undestandably I guess, will only really get involved with an indi unknown when initially there is money to be made, irrespective of whether or not the artist may or may not become more recognised or successful.

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