THE INDIE WORLD (Hypebot) –
With upheaval comes opportunity; and ongoing problems within the recorded music industry has also led to a revival within independent label sector.
While not without their own challenges, indie record labels appear to be experiencing a renaissance, thanks in part to new technologies and media that did not exist 5 years ago. Their nimbleness and a fan-like eye for emerging talent is being rewarded by a cadre of fans who continue to demand and support quality music.
In short, when the traditional gatekeepers and obstacles to reaching fans are removed, indies thrive. As proof that an indie label renaissance is well under way, indie label trade group The American Association Of Independent Music (A2IM) offered these stats:
Watch for a special Hypebot series on independent label in mid June.