Delcaration Of Independents

Source: Billboard,
Page: 5,
Date: 10/11/2008
Month: October

Full Text:

Indie labels are still upset over the MySpace deal. Only the major labels were given equity in the site's overall revenue, and some indie labels did not even have their music catalogs included in the initial launch of the site due to ongoing negotiations. This was a quick change for indies, who are used to having more of a free-range in the digital online marketplace. Only recently have the majors changed their stance on DRM-free downloads and streaming, where before they only allowed 30-second clips or no music at all. The indies are considering the need for more a aggressive stance in negotiations in these new digital deals. They feel the need to press for their rights. Still, it has been shown that indie labels' music is given a boost when major label content is added to a site with indie music available. This increased traffic brings in more revenue.

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