Music identifying app Shazam finally turns a profit! Not from commission on iTunes sales, but from renting their sound recognition technology to advertising agencies. (If you don’t have a login, Google the title and hit the first link.)
The record industry has worked out how to save itself: have a flashback to 2002 and sue youtube-mp3.org (which I’d never heard of either), who are apparently making “millions” from cheap banner ads. This will definitely make it rain again, yes it will. Here’s a list of others. Extracting audio from YouTube is trivial; there are numerous YouTube downloader extensions for Firefox that do it for you. There is no point to this.