Boards
Amazon funding/publishing 122 books - would iTunes do this for music?
http://www.nytimes.com/2011/10/17/technology/amazon-rewrites-the-rules-of-book-publishing.html
Although, on a smaller scale, the blogs-are-the-new-record-labels thing never happened (where have Perez and Popjustice's labels gone) and even Starbucks said they couldn't justify the cost of running a label.
I wonder if any of these startups with crazy sums of money, who mostly make loads of ad revenue out of aggregating content, will start funding music?