Indie music

We already know that by ownership independents account for nearly half of the recorded music market. The reality is that the feeding frenzy in the independent sector is a sign of the majors’ weakness rather than their strength.

Streaming has shattered the barriers to market entry the majors created in the CD age. That trend will only continue.

The... See more

And “indie,” in the current day, doesn’t necessarily mean “small”: the big-tent Beggars Group (4AD, Matador, Rough Trade, XL, and Young Turks) is inarguably a major business. North Carolina’s Merge Records has had multiple Billboard top tens, and is distributed by a NASDAQ-listed public company that counts among other clients Walmart, Target,... See more

A month earlier, according to Music Business Worldwide, UMG acquired the remaining 51% of PIAS, Europe’s largest independent music company. These acquisitions illustrate Universal’s recognition that this is where the revenue growth in the music industry is happening.

The music streaming industry is at a critical juncture . While revenues are at an all-time high, driven by 800 million premium subscribers and a global market worth c. $22 billion, market developments threaten to create and entrench a two-tier system that disadvantages independent music stakeholders. This report evaluates industry changes through... See more