Wrote a "persuasive speech" in college a decade ago about how to solve the problem the music industry was facing (piracy). I proposed an all you can listen subscription service, at a price point of say $10. Saying the record labels would work together to make this happen. My professor nearly laughed me out of the room when I proposed my thesis for the speech. I presented the speech anyways and got an A.

Today, Spotify is thriving as a company and the major record labels have their hands in it. Sure, they have some work to do to figure out how to become profitable and sustainable, but they've come a long way.