The indies are coming: Why a strong independent sector is good news for the entire music industry

The indies are coming: Why a strong independent sector is good news for the entire music industry

No one really wants to say it out loud, but the numbers don’t lie. UK and global figures for music consumption both send the same message: the good times are finally coming back to the music biz.

Not many industries bounce back from losing 50% of their revenues over 15 long years of decline, so music’s recovery is akin to the horse and cart industry making a stunning comeback after the invention of the motor car. Rightly, the major labels – who carried on investing in talent in the face of an extremely challenged business model – should take a lot of the credit for that.

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