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John Mellencamp slammed the music business — with the exception of Taylor Swift — during a 25-minute rant Wednesday at a UJA-Federation of New York luncheon honoring Republic Records co-founders Monte and Avery Lipman.

The superstar rocker has a “lifetime contract” with Republic and is in the middle of his 80-date “Plain Spoken” tour. Attendees at the event told Page Six that Mellencamp slammed the whole industry for its lack of artist support.

“He was basically saying, ‘You people in the music industry suck,’” a source told Page Six of the speech, in which Mellencamp name-checked Bob Dylan and “Gangnam Style.”

The source added that Mellencamp, who’s sold over 40 million albums, “was saying, ‘I’ve already made my money. I make my money on the road.’”

Another source said, “He was saying that Swift’s the only one doing anything to save the business, and, ‘I applaud that young lady, she stands up for our rights. A bunch of us stand on the sidelines.’”

Swift just pressured Apple into changing its policy regarding royalties for its new streaming music service. Mellencamp even called out major artists, including, seemingly, Bruce Springsteen, by asking, “What’s that guy in New Jersey doing to help?,” an attendee said.

But Mellencamp praised the Lipmans: “I’ve been through thousands of label presidents in my career, and these are the only two guys I’ve loved.”

Monte told us, “John is the epitome of rock ’n’ roll: brash, outspoken and politically incorrect, one of the many reasons we love him. I was honored he was there to support us.”