The major label will not die because there's still money to be made. First, there are always poor artists willing to treat them like a Payday Loan spot. People can talk trash about Young Thug for agreeing to sign to one, but success, to him, was never a guarantee. Secondly, the old build-a-hit A&R model still works. Iggy Azalea's “Fancy” is a perfect example. So yeah, there'll be at least one more year of major labels.