Looking Towards The Future

Based on what we have discovered through our research, it is possible to make some general hypotheses about the future of the recording industry. These are that:

* Independent record labels, such as Vhp Records, are likely to replace majors.

* Innovative online marketing solution sites such as Promonet will become more prominent.

* Record companies are likely to take on a less significant role within the music industry, as artists begin to manage their own relationships with fans.