May be just my CC experience of study field (music) combined with locale (talent-attracting city of Los Angeles) but I hear one needs to be a PhD these days to compete for a CC professor spot.
Most schools are not hiring tenure track staff, and use adjuncts and contract assistant professors for the less profitable teaching roles.
I would imagine that music has a different dynamic, as lots of emerging professional musicians may be seeking those roles to get benefits, etc.
The glut of PhD's is at such a level that the last teaching jobs available to industry professionals have all gone to boomers who will stay at those jobs until they die.
I took this job 15 years ago because prospective employers looked at my then 30 year career and repeatedly said you cannot adapt to new tech and are too expensive. So I took my sysadmin, programming, and management skills and taught them to younger people who did get the jobs I was rejected for. Hopefully some of my work ethic will have rubbed off on them and when they hire they will do it with less "ism".
Now I get to play with the newest tech and teach it.