For a very long time, the recording industry was the domain of the major labels. Today, although the majors still control a big, big part of the marketplace, independent labels are becoming a greater and greater force. This isn’t unusual. In fact, this is the way it used to be back in the early days of the recording industry.
Small labels were able to react to musical trends quickly and would be the first to capitalize on new music. If you want read about how things used to be–and how they’re turning out to be once again–look for a book called Little Labels, Big Sound. It goes through the history of ten indie labels back in the day and examines how they each changed music forever. Little Labels, Big Sound was written by Rick Kennedy and Randy McNutt. It’s available through Indiana University Press.