The music industry has certainly changed dramatically in the last 15 or so years. Actually, the record label machines have not changed very much, but the circumstances surrounding it have. Basically, artists are finding ways of usurping the majors more and more these days. In the 90s artists like Master P and Cash Money were so hot in the streets, they commanded millions when they joined forces with the majors. These days, those dollars have dried up, but hip-hop continues to leverage the power of the underground without the majors. Mannie Fresh, the beat maestro that provided the foundation for Cash Money, has reasoned that in a couple decades there will be no need for labels at all.
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