Independent Music Labels and Their impact on theMusic Industry Essay

Independent Music Labels and Their impact on theMusic effort - Essay ExampleIn recent times fortunately or unfortunately we dont know whether to call it a boon or a bane, there has been a sudden bacchanalia of new private music companies which need given the existing scenario a total make-over by stigmatization themselves on a different plane altogether. Besides the four major recording companies i.e. Warner, Universal, Sony BMG and EMI, there be what argon called Indie labels. The most common or widely used description of independent labels is that they are not connected with any major or corporate label. Such labels give more granting immunity and control, than what is allowed by major labels. They also extend support on the business aspect of music, though not on a very large scale. Independent labels face a downside in the fact that they lose the finance needed to make an artist or album popular. They are not capable of full(a) advertisements or promotions for artists o r albums. Most of these small labels are run by musicians from their home or garage. If it becomes a success, eventually it is taken over by a major label. The current scenario is pretty clear, both consumers and artists have spectacular opportunities from digital download technologies, as long as the artists are fairly compensated and major labels dont interfere with it. Obviously, technology is changing the face of the Music industry.