'Indie' Record Labels Say Big Firms Stifle Industry
London – When the curtain went up on MTV’s Europe Awards in Rome on Thursday, only one of the performers was signed to an independent record label. And at European pop music’s annual showcase event where fans vote for their favorites either online or by mobile phone, not only were the majority of acts from the United States, but all major prizes went to Americans. The independent record industry says the business has been taken over by four mega-companies that are helping to entrench American cultural “hegemony” across the music world. “The record business is stacked in favor of the… Read more »