Ongoing History Of New Music

Traditional wisdom says that the recorded music industry is dominated by the major labels...there used to be a bunch of them, but over the last 25 years, their number has been whittled down to just three companies: universal (the biggest), Sony, and warner music... Here’s something you may not have know...at last estimate, about 95,000 songs are uploaded to the streaming music services every day...of that number, only about 4% are from those three majors...the rest is from indie labels and do-it-yourself musicians... Let me flip that around: 96% of all new music comes from independent musicians...the market share of indie labels has been rising by double-digits for almost 25 years now... Indie music—or at least material from bands not directly signed to one of the three majors—was an important aspect of the 2010s...major label acts were still important, but without the indies, it would have been a pretty empty decade...but thanks to the sheer volume of new music and some crafty distribution by indie-friendly