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If it gets democratized enough Labels will go the way of the dodo I think, barring legal intervention of course. Why would a radio station pay a label for something they can churn out themselves, heck they need user metrics for adverters anyways, so just set up voting for your favorite songs and get a radio station fine tuned to your audience.
At least better than the same process but done by some mega Corp trying to make a song that can be universally accepted...