The music industry has been forced to come up with new ways to be profitable ever since Napster was created. An example of this includes Vevo - a video sharing website - which is a partnership between Sony, Universal and EMI record labels. Many of us have seen Vevo on youtube.
In closing, the music industry, and in particular Record labels, have been forced to come up with new ways to gain future profit. How do you see the music industry growing in the future?