It appears as though an ever increasing number of bands and artists are avoiding traditional record label and instead taking the indie path, sometimes by choice and sometimes because of difficulty of signing with a major label. Whatever the reason, indie labels are soon set to contribute to 40% of…
Category archives: independent labels
Move Over Majors, Indies Grab 39.9% Label Market Share
A new Worldwide Independent Market report prepared by MIDiA for indie music trade group WIN shows impressive growth in the global independent music sector. Indie revenue grew 11.3% in 2017 to reach $6.9 billion vs. 9.7% for the major labels. Overall, the independents’ share of global revenue grew from 39.6%…