Independent (indie) record labels play a crucial role in the music industry by supporting artists outside the major label system. Unlike major labels, indie labels often operate with smaller budgets and more niche focuses, allowing for greater artistic freedom and personalized support for their artists. Understanding how indie record labels generate revenue is essential for both aspiring label owners and artists looking to partner with them. Here’s a comprehensive overview of the primary revenue streams and business models that indie record labels typically utilize:
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