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Independent record label

An independent record label (or indie label) is a record label that operates without the funding of major record labels. Many artists begin their careers on independent labels.
Overview
Independent record labels are small companies that produce and distribute records. They are not affiliated with or funded by the three major records labels. According to SoundScan and the Recording Industry Association of America, indie labels produce and distribute about 66% of music titles, but only account for 20% of sales.

Read More Here: Independent record label
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