With YouTube, the possibilities for starting artists have changed. There are many now, who don't have labels, they produce their own CDs, put them on iTunes and earn money. It's great, because the indie scene especially can profit of these ways of distribution. There will always be labels to promote people like Britney Spears, but for artists like Pomplamoose or Danielle ate the sandwich, YouTube is a great way of getting known.
I frikkin' love that.