All the major labels are in survival mode due to the growing D.I.Y Artists. Music services like Spotify and DistroKid have made it possible to release music and build a fanbase without a record deal. To put it simply, independent artists could take over the global market. The reason major labels like Sony are still the global leaders is because they sign a lot of artists every year. If they were to slow down at their current rate, independent artists would dominate the market.... Read More
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