How many indie record labels are there

And there are people like Chance in hip-hop. Ownership and transparency — those are huge issues in the music industry. But blockchain is at the same place the Internet was at in Can you explain the appeal of blockchain to music? However hypothetical it is at this point. Communication can go straight peer-to-peer and you can see every transaction made. So how do you relate that to the music industry? Blockchain can create a supply chain for a song. What else is going under-reported in the music industry?

What do you wish people were paying more attention to? Spotify has complete authority now on playlisting. See Also. Newswire Powered by. Close the menu. Rolling Stone.

Specifically, indies pulled a Sony Music Group finished with For the year, indies grabbed an impressive That result points to disproportionate gains among indie artists and labels from vinyl, not to mention formats like CDs and even cassettes.

Unsurprising considering the increased loyalty that indie artists often experience, with fans buying more valuable mementos. Additionally, indie fans are more motivated to support their favorite artists, and physical formats like LPs a far greater revenue-generators than digital formats like streaming.

One criticism of this ranking might be that majors and indies are often more intertwined than they appear. In many cases, majors are supplying the distribution muscle, or partnering with an indie to boost a promising artist. Even Taylor Swift has claimed to be an indie, though that classification is obviously more complicated.

In fact, indies collectively crushed their big publishing rivals. Specifically, indie publishers grabbed a Universal Music valued at 40 million or 40 billion? Existing network and connections: One significant benefit of signing with a label is their existing network. It can present major opportunities for you and your music. Without a label, your network and reach to larger audiences can be limited.

Established labels will have a larger fanbase. EPs, singles, mixtapes, etc. Platinum means 1,, copies sold. Which goes straight back to the record company to help pay off your last advance. Garth Brooks holds the record for most diamond-certified albums, with nine. The RIAA awards diamond plaques to albums and singles that reach 10 times platinum status. As we are about to demonstrate, writing one hit song can make you extremely rich for life. Since the official diamond award was unveiled in , it has been awarded sparingly — if a song has moved at least 10 million equivalent units by combining sales and streaming numbers, and if an artist or label requests certification.

Only 45 songs in history have been certified diamond by the RIAA. Cardi became the third female rapper to be nominated for Album of the Year, following Lauryn Hill and Missy Elliott Begin typing your search term above and press enter to search. Press ESC to cancel. Skip to content Home How many record labels are there? Ben Davis May 28,